[Gllug] [ot] borked net transaction

[Christopher Hunter]

On Friday 06 May 2005 16:07, Tethys wrote:
> "t.clarke" writes:
> >Perhaps Tet would care to enlighten us as to actually what DOES happen if
> >you dispute a credit card transaction ...
>
> You may get your money back. But the blind faith in the system that
> assumes you *will* get your money back is somewhat naive. Chip and PIN
> has also made the situation worse for consumers, and you are now less
> likely to get your money back ("but your PIN was used -- it must have
> been you").

"Chip and PIN" makes the situation *far* worse, as the PIN is held on the card 
- it's fairly trivial to discover - I'm sure the more nefarious types know 
how, by now!  There are *no* truly reliable methods of money transfer using 
personal cards.

Chris
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