PINs coming for credit cards
CREDIT card holders will have the option of using a PIN instead of a signature when making purchases from June 4.
PINs coming for credit cards
CREDIT card holders will have the option of using a PIN instead of a signature when making purchases from June 4.
The option will not attract a fee and customers can still use their signature to verify transactions if they prefer.
Project manager for the industry-based initiative Simon Greig said the change would make it faster to make a purchase with a credit card.
Previously PIN numbers were limited to ATMs, but now they will be available at the point of sale.