UK banks persuade consumers to use chip-and-PIN cards

An experienced guide to the world of finance
providing tools and information that help make
best financial decisions

		My FinanceGates.com		Register

Home

News |

Billing

News & Commentary

News

Reviews

Columnist Articles

RSS News

Economy

Economic Charts

Financial Calendars

Banking & Loans

Loan Rates

Deposit Rates

Rate Alert

Banking Top Rating

Education

Banking

Investing

Stock Brokerage

Dictionary

Financial Directory

Banking

Funds

Insurance

Stock Brokerage

Billing

My FinanceGates

MLS Canada

Market News	Insurance	Billing
Banking	Business News	World News
Funds	Brokerage

Tuesday August 17, 04:17

UK banks persuade consumers to use chip-and-PIN cards

Send link to friend

(by Peter Van Bruggen)

In spite of the fact of almost 17.2 million chip-and-PIN cards are in use now in UK, over 60% of cardholders are unaware of the biggest change to the financial system.

By the time UK adopt chip and PIN technology (January 2005) UK banks are planning to educate their consumers in use of chip-and-PIN cards. According to the recent research, 56 per cent of conveyed expressed concern about their PIN to be found out, 28 per cent claimed they would feel uncomfortable entering their PIN at a POS terminal in a store or restaurant.

All billing news

SUBSCRIPTION

Join FinanceGates.com mailing list and get news and financial advices on home finance, auto finance, insurances, funds, online payments and much more.

Copyright © FinanceGates.com - independent financial advice and personal finance advice, an InternetGates.com company, 2003-2008. All rights reserved.
Finance Gates provides personal finance advice on banking, insurance, investing and billing.
Reading materials of this site you can be sure that you get independent financial advice.