Stephen Rees's blog

Thoughts about the relationships between transport and the urban area it serves

Archive for March 29th, 2007

Debit-card skimming

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Vancouver Sun

One has to wonder why this rates front page news . After all it has been going on for years, and both debit and credit card double swiping has been an issue. Chip and pin cards are common in Europe – as the story points out. So why the long delay in getting them here? Because the banks are making huge amounts of money, and “absorb” the costs of these frauds – which actually means we all collectively are paying for them. Only one credit card company that I know of offers to put a photo on a credit card – which would be a good start if the technological issues are delaying chip and pin – but that would simply be a matter of agreement between a few large players, who already have such agreements in other parts of the world.

And do not the bank have cameras on the ATMs?  Is this footage being passed to the police – or is it the usual story that they just engage in “not our jurisdiction” games?

Written by Stephen Rees

March 29, 2007 at 10:18 am

Posted in Uncategorized