On 9/Nov/18 02:22, Todd Underwood wrote:
> > i generally find it amusing when people from other countries mock the > US for not having PINs. this is just another way of saying "my > country has high fraud rates and yours appears not to." :-) . you can > see this in the comment below "If we were swipe-based here, we'd all be > broke :-).". the payments systems are architected to minimize cost > and maximize adoption and they are usually at (or moving towards) some > locally optimal point. the US is no exception in that. That was me - and "low" (fraud rates) is not "zero" (fraud rates). Personally, I don't want to add to the statistic. The inconvenience isn't worth the bragging right :-)... Mark.
