Do US credit cards even have PINs?
Source: used to work adjacent to the fraud analysis group at a large bank.
I'm not 100% sure about the ATM though, I've never tried to use it, plus the interest rate for a cash advance is nuts.
Really? You say your pin code over the phone?
A security "password" for doing phone banking is different.
If you care about entropy, don't leave it up to users.
The automated phone system accepts number input, but the resulting rep may ask to verify.
My bank claims to not know the card pin(my dad forgot, he had to go to the bank and set a new pin after verifying it's him)
Not sure op meant the same thing or they literally providing their card pin over the phone which is a bit crazy
If you can checkout some places without it, the card does not require a PIN, it provides it as an option.
So I think it's possible for a card to insist upon doing a PIN transaction if that's possible, while still retaining the ability to authorize a no-PIN transaction if the terminal says it doesn't do PINs.
It's also possible for the card or the terminal to have value-related thresholds, in line with the issuer's appetite for risk so e.g. maybe a bag of chips from a vending machine with no PIN is a risk the bank can live with, but a $3000 diamond engagement ring not so much.
Because the chip has (some) memory it can even have state, maybe one $1.50 bag of popcorn from an offline no-PIN terminal is fine, and so is two, but before you can do a third tiny off-line transaction you'll need to do a real transaction or visit an ATM or other online system with the card so it be reassured everything is on the up-and-up.
That's it. Occasionally they ask you to sign on the past or hit the ok button but usually not even that.
I've had a card number ripped off via an online retailer and Visa figured it out on the first fraudulent charge.
In the UK it's the store... unless they made you use chip and a PIN. Which is why they all use the chip and a PIN. Then it's the card provider, but it's not because the chip and PIN prevents fraud before that point. I think the card provider eats contactless payments because they encourage more of them so it adds up in the end.
Card holder liability on timely reported loss or stolen card is capped at $50 or something.
There is generally no chip and pin. Some older terminals hard crash on PINs on credit. Some older terminals hard crash on PINs exceeding 4 chars
Go on your Credit Card website and there will be a place to request that they send you the number.
Debit Card, yes