Sunday, May 07, 2006

Another 'chip and pin' fraud, high hopes for InfoCard

It appears another physical retailer (Shell) has had their 'chip and pin' system compromised.

The idea that people use the same pin number they use for cash withdrawals on a retailer's bespoke point-of-sale system was an accident waiting to happen.

If Microsoft InfoCard pans out how I hope it will (with the ability to buy online using any of your credit cards, but without having to give individual ecommerce retailers your personal information) - ecommerce shopping will become safer than the highstreet overnight.

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