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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.

Original URL: https://www.news.com.au/finance/money/budgeting/pins-coming-for-credit-cards/news-story/066f308a6c0ee29fca5314e1c4a9ec49