Campaign over carelessness with PIN cards

18th September 2006, Comments 0 comments

18 September 2006, AMSTERDAM — Consumers should be more careful when paying with their debit cards, the company that manages the PIN system has warned.

18 September 2006

AMSTERDAM — Consumers should be more careful when paying with their debit cards, the company that manages the PIN system has warned.

Currence said on Monday it will start a campaign before the end of the year to make people conscious of the need to keep others from seeing their PIN code. The final form the anti-fraud campaign will take has yet to be decided.

Research by Currence found that 50 percent of consumers are careless when they pin, increasing the chance criminals will learn their code. Men who live in the Randstad and earn one and a half times the average income are the most careless.

"People are too quick to reveal their code to others or don't shield their hand when keying in their code," a spokesperson for Currence said. But he stressed the new campaign was a precautionary measure.

Criminals have been known to use fake or doctored card readers to get the bank account data stored on the card's magnetic strip.  They need the genuine PIN code to withdraw money or make payments from the victim's account. This is done with hidden cameras or simply by looking over the card holder's shoulder as he or she enters the PIN code.

Known as 'skimming', this type of crime has only occurred about 100 times to date in the Netherlands, he said.

In May Currence and the banks launched a new type card designed to prevent PIN fraud. It has a microchip rather than a magnetic strip.

[Copyright Expatica News + ANP 2006]

Subject: Dutch news

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