This morning's FT runs a story from APACS showing a whole load of card fraud
stats to underline its Chip & PIN campaign.
Because of the new technology being phased in at the moment, fraud is increasing as
the crooks squeeze as much as they can out of the pre-Chip & PIN system.
Fraud should supposedly then drop sharply in January.
But I'm noticing a load of glitches in the system. Firstly, I waited almost
five minutes for the local shop to recognise my card yesterday morning.
There was no queue so it didn't matter too much - but if new Chip readers
act like that in the January sales it'll be mayhem! Also, my card has been
rejected three times in as many weeks. Maybe this is just a coincidence, but
it has only happened once before in the last 10 years. If you ask me there
will be a lot of bad PR come January when we get the consumer backlash to
Chip & PIN.
Posted by Tech PR