Introducing Chip and PIN
Chip and PIN combines new technology in a chip card with the security of your 4-digit personal identification number (PIN). Together this will reduce the likelihood of someone else being able to use your card to pay in person for goods and services. Instead of signing a receipt for your purchases you will increasingly notice that you will be asked instead to enter your 4-digit PIN into the new secure PIN pads. There's no need to worry about this, your PIN won't be logged or recorded in any way.*
The rate at which chip and PIN appears in retail outlets will vary from country to country. Chip and PIN terminals are already commonplace in the United Kingdom and Europe and will be adopted globally over the next few years. As Standard Bank Offshore has clients all over the world, we are upgrading all our cards to the new chip and PIN standard in the near future.
*Please note - chip and PIN does not affect purchases you might make via the telephone, mail order or on the Internet.
How chip and PIN will work
Using your new chip and PIN Offshore Visa Debit Card will simply mean entering your PIN instead of having to sign your name on a sales voucher.
These are the simple steps involved:
| Step 1. |
Your chip and PIN card is inserted in a secure chip and PIN terminal which retailers have, normally found at the till.
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| Step 2. |
The total amount of your purchase is displayed on the keypad screen.
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| Step 3. |
Enter your PIN on the keypad, making sure no-one else can see what you're entering.
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| Step 4. |
Take your receipt as usual, and check it against your statement later.
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For more information about Chip and PIN, please click on the links below:
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