By Mr Hanna
Credit cards and debit cards are viewed as relatively secure methods of making purchases; however as with any security measure there are people who will try to find their way around it. Various increasingly complex methods have been devised to access bank accounts by obtaining the consumer's details such as scanning and copying the electronic strip on the back of the card to create duplicates which can be used to siphon off funds.
Chip and Pin was devised as a means of making it much harder for criminals to make useable copies of bank or credit cards, and so significantly reduce the security risks surrounding card transactions in the UK. The system has been hailed as a major step in crime reduction.
According to consumer finance comparison site Moneynet (http://www.moneynet.co.uk ), "the introduction of Chip
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Michael is a keen writer, and internet marketer living in Scotland: Contact details: E-mail: samqam@googlemail.com Phone: 0131 561 2251 Michael's Website: Taxi Belfast Airport Belfast Taxis
