PINs, Signatures and Countering Fraud

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Trotting through the shiny new airport terminal in Brussels recently, I was surprised to be asked to verify my credit card purchases in the duty-free shop with a PIN instead of a signature.

The last time this happened was when I used my Visa debit card in the U.S. late last year, so I was surprised to see the use of PINs in place of signatures in Europe - and on credit cards too. In the U.S., many outlets are switching users over to PIN-verified debit card purchases, so that the ...

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