[Wolves] credit card signatures etc

[Jon Farmer]

Simon Burke wrote:

> I just don¹t like it, the problem I have is that I only have a switch, and
> cant get a c-card, yet I do a lot of purchasing online. If these pin cards
> wont b accepted online (as implied in a previous e-mail im knackered really,
> as I  pay for some costs and bills this way.

I went to a HSBC conference on this subject well over a year ago. The 
schemes will NOT be mandatory for quite a while yet although you will 
find that some retailers might not accept internet transactions for Visa 
or Mastercard where there is no password. That being said the systems 
are a few years off becoming mainstream IMHO. They have started to do 
some advertising in the USA and their websites talk a lot about it. We 
currently use a company called Secure Trading for our real time 
authorisations and their homepage www.securetrading.co.uk has links 
regarding their implemetation.

As regards switch cards I know of no schemes like these so I would guess 
if they dont introduce one in the next few years they could be seen as a 
   extra security risk for cardholder not present internet transactions.

Regards

Jon



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