Title :
Authorizing Card Payments with PINs
Author :
Matyas, V. ; Krhovjak, J. ; Kumpost, M. ; Curcek, D.
Author_Institution :
Masaryk Univ., Brno
Abstract :
Chip and PIN technology was introduced as a means of decreasing payment-card fraud. However, according to results of a two-phase experiment, the technology makes it easier for thieves to obtain PINs and more difficult for customers to defend against counterfeiting.
Keywords :
authorisation; fraud; smart cards; authorization; chip and PIN technology; counterfeiting; payment-card fraud; Authentication; Authorization; Cameras; Costs; Counterfeiting; Handwriting recognition; Magnetic losses; Pins; Postal services; Smart cards; Chip and PIN technology; PIN pads; e-commerce;
