Chip and PIN

March 2006

We are sure you will not have missed the introduction of the chip and PIN payment system with the flurry of in store advertising campaigns. Fighting for Private Business (FPB), a group which campaigns for small businesses, says banks are to blame for the difficulties surrounding the introduction of chip and PIN by pushing the system through before retailers and consumers are ready.

From 14 February, people with chip and PIN cards are expected to verify a purchase by keying in their personal ID number. If your business does not have chip and PIN you may now be liable for credit card fraud carried out on your premises.

Internet links:

fighting for private business website
the times online
Chip and PIN website

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