At 08:31 PM 2/24/2005, Horacio J. Pe=F1a wrote:
> > > The bit that amuses me about this is that NZ has been using Pins on=
=20
> swipe cards in shops for something
> > approaching 20 years.
>
> > > How can that be any less secure than using a pin at an ATM?
>
> > Because the PIN at ATMs is checked back with the bank, not from the=20
> card itself?
>
>At least here (Argentina) the PIN is checked with the bank. The reader
>calls the bank and ask for authorization.

I'm still under non-disclosure, but the terminal doesn't remember anythin=
g=20
from the transaction, and you pin never appears with less than DES=20
encryption on it anywhere in the chain.



--=20
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