Quote:
Originally Posted by Sliver
I have a store with a credit card machine. If somebody's chip/mag thing doesn't work, I can just key in their card number by hand. It is strange that you can circumvent all that security (you don't even need a pin when you do it this way - just the three numbers on the back), but it works well for me as we do a fair amount of business over the phone/Internet.
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Does the bank ask you to make sure they show photo ID in this instance? Plus validate signature?
If not it seems like an easy way to steal someones credit card as long as you have the numbers. At least with online you would have a physical address to tie it to.