Click here to get the full story and how you could be affected http://whi.ch/chipandpinvideo?utm_campaign=video_money&utm_medium=video&utm_source=youtube_channel&utm_content=chipandpinbankcardfraud&utm_term=description
Which? has seen evidence that criminals can use a stolen debit or credit card to pay for items without the cardholder divulging the correct Pin, by using technology that hoodwinks the card reader into believing a legitimate code has been entered. This leaves the cardholder liable for the loss as banks will often not refund the money if the PIN has been entered.
Video Rating: / 5