Tech Debit Card Changes Are Coming - GoFuckYourself.com

ErectMedia · 10-20-2014, 04:30 PM

Your debit card will get a chip soon

The next debit card you get will probably have a little golden chip in it, and that's a good thing.

The chip will make it much less likely that someone can counterfeit your debit card and go on a shopping spree, so you won't have to spend any time calling your bank and arguing with them about who bought that stuff, or waiting for the bank to refund your money.

For banks, it's maybe not such a great thing. It will cost them about $1.4 billion to issue chipped "EMV" cards, for Europay, MasterCard and Visa. So why are they going to do it anyway? In part because of ratcheting pressure from MasterCard and Visa.

Read more:

http://www.bankrate.com/financing/ba...mm_PF_mainlink

_Richard_ · 10-20-2014, 04:31 PM

the funny thing is this seems to happen more with the chip.. but that's my opinion in vancouver canada

TeenCat · 10-20-2014, 04:33 PM

i want a nice kitty on my cards

MaDalton · 10-20-2014, 04:37 PM

welcome to 10 years ago

ErectMedia · 10-20-2014, 04:41 PM

Quote:

Originally Posted by MaDalton

welcome to 10 years ago

you'd say that whether it's a USA/Europe thread or an Apple/Android thread

ottopottomouse · 10-20-2014, 04:44 PM

Quote:

Originally Posted by MaDalton

welcome to 10 years ago

Even longer than that. I was having trouble in France 20 years ago using my card that was signature rather than chip&pin.

Barry-xlovecam · 10-20-2014, 05:30 PM

I just got a new debit card in the mail because my card was used at Home Depot -- it was the old style and not one with the security chip.

I think the cost of the new cards with a chip will be offset by lowered bank loses due to charge offs for fraud.

However, there may be an annual fee for the card -- that would not surprise me. B of A does that now on my credit card with the EVA chip. I have had that for a couple of years now as it works in Europe without problems. Damn thing costs $60/yr but my interest rate is 9.98% if I carry a balance.

MaDalton · 10-20-2014, 05:48 PM

Quote:

Originally Posted by ErectMedia

you'd say that whether it's a USA/Europe thread or an Apple/Android thread

can i send you some money by check?

oh, wait, we don't have checks since.... i forgot, too long ago

pornmasta · 10-20-2014, 05:49 PM

Quote:

Originally Posted by ottopottomouse

Even longer than that. I was having trouble in France 20 years ago using my card that was signature rather than chip&pin.

you don't need to wonder, the inventor of this kind of card was french:

http://en.wikipedia.org/wiki/Roland_Moreno

buyandsell · 10-20-2014, 05:56 PM

not sure why us is so far behind on this

ErectMedia · 10-20-2014, 06:06 PM

Quote:

Originally Posted by MaDalton

can i send you some money by check?

oh, wait, we don't have checks since.... i forgot, too long ago

Didn't know that. I write 1 check per month for my housing and every other major bill in my life is paid through bank draft, debit card or PayPal.

AdultKing · 10-20-2014, 06:19 PM

We've had chips on our cards for years in Australia and Chip and Pin is now mandatory - you can't sign for purchases anymore.

I wonder when Paxum will catch up to this world trend

Best-In-BC · 10-20-2014, 06:37 PM

Already here.

F-U-Jimmy · 10-20-2014, 08:35 PM

My UK debit card has had this since i got it two years ago. At last the USA is catching up with Europe.

Rochard · 10-20-2014, 10:03 PM

This is long fucking over due already. Get it done.

blinki bill · 10-20-2014, 10:14 PM

Quote:

Originally Posted by ErectMedia

you'd say that whether it's a USA/Europe thread or an Apple/Android thread

Well, this one time at least it so happens that he is right!

EU converted to chips aprox 8-10 years ago, even eastern european countries, UK however was slightly behind and also took their time allowing old cards to expire some banks jumped on it late...

I should know as I have bank accounts all over the place, haven't had US account in more than 5 years but I remember back then I was thinking how UK and US are behind

CurrentlySober · 10-20-2014, 10:18 PM

i like chip and poo

Socks · 10-21-2014, 12:38 AM

The banks like it because it shifts liability from them to the merchants.

blinki bill · 10-21-2014, 12:49 AM

Quote:

Originally Posted by MaDalton

oh, wait, we don't have checks since.... i forgot, too long ago

funny enough UK is still heavily using checks too, you open account and they give you check book, the cash-in machines that you use to load cash in your account also accept checks, there are also third-party places that clear check's faster for a premium as it's also still common place to be payd by check... working class lads need those pounds the same day on friday to invest in the local pub

Klen · 10-21-2014, 12:55 AM

There are cards without pin?I am not aware of such card and i have bank account for last 15 years lol

Manfap · 10-21-2014, 01:06 AM

Spain got them about 10 years ago, but the idiots in the shops still want ID even though it's a chipped card.

greg80 · 10-21-2014, 02:19 AM

I am unable to use my payoneer card on most atms here in Spain since about 1 month ago. Also, I wasnt able to use at most POS for years. No chip no sales here in Spain.

DamageX · 10-21-2014, 02:30 AM

Quote:

Originally Posted by ErectMedia

For banks, it's maybe not such a great thing.

Actually it is. Zero chargebacks.

Quote:

Originally Posted by MaDalton

welcome to 10 years ago

Longer actually. I remember getting a VISA in 2002, had a chip in it.

AdultKing · 10-21-2014, 03:04 AM

Quote:

Originally Posted by KlenTelaris

There are cards without pin?I am not aware of such card and i have bank account for last 15 years lol

We have Paywave here, for purchases under $100. Simply wave your card in front of the reader and you're done. No pin required.

nico-t · 10-21-2014, 03:45 AM

in about 99% of stores you cant use paxum & payoneer card because it only has the magnetic strip. The store card readers here are't compatible anymore with it. In the near vicinity i know of only one gas station still accepting the old school cards.

Nicky · 10-21-2014, 04:34 AM

Quote:

Originally Posted by nico-t

in about 99% of stores you cant use paxum & payoneer card because it only has the magnetic strip. The store card readers here are't compatible anymore with it. In the near vicinity i know of only one gas station still accepting the old school cards.

Starting to be the same here too, hopefully paxum/payoneer will get chips within a year or so too.

Klen · 10-21-2014, 04:36 AM

Quote:

Originally Posted by AdultKing

We have Paywave here, for purchases under $100. Simply wave your card in front of the reader and you're done. No pin required.

Yes that was recently introduced here as well,but usually it supported by single bank only,and when something is supported by single bank,it means how it will die,like mobile payment which was introduce years ago but simply died.

AdultKing · 10-21-2014, 04:36 AM

Quote:

Originally Posted by KlenTelaris

Yes that was recently introduced here as well,but usually it supported by single bank only,and when something is supported by single bank,it means how it will die,like mobile payment which was introduce years ago but simply died.

It's universal here, a very common payment method.

seeandsee · 10-21-2014, 04:43 AM

i will sell gold from my card

XXXBizXXX · 10-21-2014, 04:46 AM

Finally! in these cases we are soooooooooooooo behind...

MaDalton · 10-21-2014, 04:49 AM

Quote:

Originally Posted by AdultKing

It's universal here, a very common payment method.

here in CZ we have that too, never tried it though

TheDA · 10-21-2014, 04:51 AM

My latest cards I don't even have to put them into the chip readers anymore if the value is below £50. I just wave it over the terminal now.

xxx6live · 10-21-2014, 05:48 AM

To the guys and girls talking about problems with Payoneer - I have had a chip in my Payoneer card since april when my card was renewed. Maybe you could ask for a new one? It is issued by a bank in Britain.

DamageX · 10-21-2014, 06:09 AM

Quote:

Originally Posted by xxx6live

To the guys and girls talking about problems with Payoneer - I have had a chip in my Payoneer card since april when my card was renewed. Maybe you could ask for a new one? It is issued by a bank in Britain.

That's good news. Hopefully the other ones will follow suit.

Ross · 10-21-2014, 06:27 AM

Quote:

Originally Posted by MaDalton

welcome to 10 years ago

Blows my mind that this is new technology in North America. I've had chip and pin on my Scottish bank cards since around 2003. Canada brought it in about 3 years ago I think, you go into a store and the cashiers make a big song and dance about it, like you are retarded and need to be taught everytime how to use it, even 3 years on!

RyuLion · 10-21-2014, 06:30 AM

Quote:

Originally Posted by buyandsell

not sure why us is so far behind on this

Because US banks didn't want to spend the extra $$ unless it was totally necessary?

pornguy · 10-21-2014, 07:19 AM

We have had chips here for years. I find them annoying at the atm.

PAR · 10-21-2014, 08:43 AM

We have has chips in cards here for years.
Would not say its more secure,

I will say that due to chip in pin your ability as a client to say you did not make a transaction and claim fraud, becomes harder and limits the banks risk to fraud not the clients risk...

They have been able to clone etc chip in pin cards for a few years now.

10-20-2014, 04:30 PM	#1
ErectMedia Confirmed Chicago Pimp Industry Role: Join Date: Aug 2004 Location: Chicago Posts: 7,100	Debit Card Changes Are Coming Your debit card will get a chip soon The next debit card you get will probably have a little golden chip in it, and that's a good thing. The chip will make it much less likely that someone can counterfeit your debit card and go on a shopping spree, so you won't have to spend any time calling your bank and arguing with them about who bought that stuff, or waiting for the bank to refund your money. For banks, it's maybe not such a great thing. It will cost them about $1.4 billion to issue chipped "EMV" cards, for Europay, MasterCard and Visa. So why are they going to do it anyway? In part because of ratcheting pressure from MasterCard and Visa. Read more: http://www.bankrate.com/financing/ba...mm_PF_mainlink __________________ Domain Name Registration Web3 Domains

10-20-2014, 04:33 PM	#3
TeenCat Too lazy to set a koala Industry Role: Join Date: Jan 2007 Location: CZ/EU forever! Posts: 16,139	i want a nice kitty on my cards __________________ 6bot / Coming again very soon! Svit Zlin Radio 24/7!

10-20-2014, 04:37 PM	#4
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,826	welcome to 10 years ago __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

10-20-2014, 06:37 PM	#13
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10-20-2014, 08:35 PM	#14
F-U-Jimmy Confirmed User Industry Role: Join Date: Apr 2006 Location: Visiting a city near you soon ! Posts: 6,853	My UK debit card has had this since i got it two years ago. At last the USA is catching up with Europe. __________________ icq. 176240424 44.years as a pornographer !!!!!!!!!!!

10-20-2014, 04:31 PM	#2
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Vancouver Posts: 30,986	the funny thing is this seems to happen more with the chip.. but that's my opinion in vancouver canada

10-20-2014, 05:30 PM	#7
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	I just got a new debit card in the mail because my card was used at Home Depot -- it was the old style and not one with the security chip. I think the cost of the new cards with a chip will be offset by lowered bank loses due to charge offs for fraud. However, there may be an annual fee for the card -- that would not surprise me. B of A does that now on my credit card with the EVA chip. I have had that for a couple of years now as it works in Europe without problems. Damn thing costs $60/yr but my interest rate is 9.98% if I carry a balance.

10-20-2014, 05:56 PM	#10
buyandsell Confirmed User Industry Role: Join Date: May 2008 Location: USA Posts: 692	not sure why us is so far behind on this

10-20-2014, 06:19 PM	#12
AdultKing Raise Your Weapon Industry Role: Join Date: Jun 2003 Location: Outback Australia Posts: 15,605	We've had chips on our cards for years in Australia and Chip and Pin is now mandatory - you can't sign for purchases anymore. I wonder when Paxum will catch up to this world trend

10-20-2014, 10:03 PM	#15
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 72,989	This is long fucking over due already. Get it done. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

10-20-2014, 10:18 PM	#17
CurrentlySober Too lazy to wipe my ass Industry Role: Join Date: Aug 2002 Location: A Public Bathroom Posts: 38,520	i like chip and poo __________________ My AI Handywork... My Dream Gal... XXX 👁️ 👍️ 💩

10-21-2014, 12:38 AM	#18
Socks Confirmed User Industry Role: Join Date: May 2002 Location: Toronto Posts: 8,478	The banks like it because it shifts liability from them to the merchants.

10-21-2014, 12:55 AM	#20
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	There are cards without pin?I am not aware of such card and i have bank account for last 15 years lol

10-21-2014, 01:06 AM	#21
Manfap Confirmed User Industry Role: Join Date: Jan 2013 Posts: 2,617	Spain got them about 10 years ago, but the idiots in the shops still want ID even though it's a chipped card.

10-21-2014, 02:19 AM	#22
greg80 Confirmed User Industry Role: Join Date: May 2007 Posts: 1,644	I am unable to use my payoneer card on most atms here in Spain since about 1 month ago. Also, I wasnt able to use at most POS for years. No chip no sales here in Spain. __________________ Say no to GoDaddy and high renewal prices! Go with NameSilo - FREE private whois for life, $8.99 regstrations and renewals. Free redirects, emails, great control panel and more! NameSilo rocks!

10-21-2014, 03:45 AM	#25
nico-t emperor of my world Join Date: Aug 2004 Location: nethalands Posts: 29,903	in about 99% of stores you cant use paxum & payoneer card because it only has the magnetic strip. The store card readers here are't compatible anymore with it. In the near vicinity i know of only one gas station still accepting the old school cards.

10-21-2014, 04:43 AM	#29
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	i will sell gold from my card __________________ BUY MY SIG - 50$/Year Contact here

10-21-2014, 04:46 AM	#30
XXXBizXXX Confirmed User Industry Role: Join Date: Sep 2014 Posts: 405	Finally! in these cases we are soooooooooooooo behind... __________________ CLICKADU PAYS YOU BIG! average CPM: 2.1$ - 5.2$ Make More $$$

10-21-2014, 04:51 AM	#32
TheDA Confirmed User Industry Role: Join Date: May 2006 Posts: 4,665	My latest cards I don't even have to put them into the chip readers anymore if the value is below £50. I just wave it over the terminal now. __________________ Sharleen Spiteri - 1989 - In The Ass

10-21-2014, 05:48 AM	#33
xxx6live Confirmed User Industry Role: Join Date: Dec 2012 Location: Scandinavia Posts: 279	To the guys and girls talking about problems with Payoneer - I have had a chip in my Payoneer card since april when my card was renewed. Maybe you could ask for a new one? It is issued by a bank in Britain. Last edited by xxx6live; 10-21-2014 at 05:49 AM..

10-21-2014, 07:19 AM	#37
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,912	We have had chips here for years. I find them annoying at the atm. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

10-21-2014, 08:43 AM	#38
PAR Confirmed User Industry Role: Join Date: May 2005 Posts: 1,836	We have has chips in cards here for years. Would not say its more secure, I will say that due to chip in pin your ability as a client to say you did not make a transaction and claim fraud, becomes harder and limits the banks risk to fraud not the clients risk... They have been able to clone etc chip in pin cards for a few years now.