Better on-line credit card security system coming soon

[TimberWolf]

A new type credit card for on-line use is going to be trialled in Britain next year (the Netherlands already has it).

http://www.dailymail.co.uk/sciencete....html?ITO=1490

[Spacecadet]

I saw a dutch collegue use some sort of mini chip and pin device recently.
Wasn't built in to the card

[Mich the Tester]

I saw a dutch collegue use some sort of mini chip and pin device recently.
Wasn't built in to the card

Yes, that’s chipknip. It’s a little chip on the card which you can load up with money from your bank account from a sort of PIN machine; it was meant to be a very quick, efficient replacement for cash, but only caught on in company canteens and car parks.

[TimberWolf]

I saw a dutch collegue use some sort of mini chip and pin device recently.
Wasn't built in to the card

Here's the Dutch version of it. I can't persuade Google translate to translate the page to English though...

[Mich the Tester]

Here's the Dutch version of it. I can't persuade Google translate to translate the page to English though...

https://bankieren.rabobank.nl/mijnbankzaken?ra_mfvars=clickout|Rabobank+-+Particulieren|externalwebsite

Oh, that's a different thingummyjig; it's for accessing the internet banking and comfirming transactions. It generates codes unique to the client and the transaction which you then type into the website.

[TimberWolf]

Oh, that's a different thingummyjig; it's for accessing the internet banking and comfirming transactions. It generates codes unique to the client and the transaction which you then type into the website.

Yep. This system supersedes that 3 digit code on the back of our present credit cards, mainly to counter card-not-present fraud.

[NotAllThere]

Yes, that’s chipknip. It’s a little chip on the card which you can load up with money from your bank account from a sort of PIN machine; it was meant to be a very quick, efficient replacement for cash, but only caught on in company canteens and car parks.

I have that built into my EC card. You can load a balance onto it, and then, any place where you can use an EC card, you can just insert into the card reader, and then go (no pin, no signing). Supposed to be for small transactions. I never use it, and don't know anyone who does. Cash for small/medium transaction, card for all others.

[Mich the Tester]

I have that built into my EC card. You can load a balance onto it, and then, any place where you can use an EC card, you can just insert into the card reader, and then go (no pin, no signing). Supposed to be for small transactions. I never use it, and don't know anyone who does. Cash for small/medium transaction, card for all others.

Well I can't see any added value in it above being a normal PIN card without any security. The only thing is it's the only way to pay in the canteen and the station car park, so I'm forced to use it.

[expat]

Well I can't see any added value in it above being a normal PIN card without any security. The only thing is it's the only way to pay in the canteen and the station car park, so I'm forced to use it.

A step backwards for me and most people who spen time in several countries: it only works on cards from that country. My Swiss and French cards didn't work in the Rabobank canteen in Holland. My French card worked for parking in Paris but my Swiss one didn't. Etc.

[TykeMerc]

Here's the Dutch version of it. I can't persuade Google translate to translate the page to English though...

That looks quite similar to the units issued by Barclays, it's a bit of a variation on the old SecureID dial in authentication technology.

For that matter the credit card with display and keypad looks quite similar too.