Can signature verification still be used?
• What is a PIN? A personal identification number (PIN) is a number either allocated to you directly by the issuer of your card or selected specifically by you and known only by you. The PIN is used as verification for transactions such as cash withdrawals from ATMs. The PIN is also specific to the card. • Why do we need a PIN? A PIN is an alternative form of verification. It does not replace signing but offers a new choice. If you press the ‘credit’ button, you do not have to use a PIN. The choice is yours. If you know your PIN and you wish to use the PIN for a retail transaction, enter the PIN after you have pressed the ‘credit’ button and before you press the ‘OK/ENTER’ button. • How does it work? You will be able to use a PIN as one form of verification for retail transactions when using a credit, debit or store card. The PIN is entered by you, not the shop assistant, into the point-of-sale machine’s PIN pad. After you have checked that the dollar amount on the PIN pad is correct,
