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Thread: USA issuers announce EMV cards (Chip & PIN -or- Chip & Signature).
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Old Dec 21, 2011 | 2:03 am
  #475  
jbcarioca
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Originally Posted by cbn42
Maybe I am confused, but I was under the impression that you can set up a PIN on any US-based credit card for the purposes of getting a cash advance from an ATM. My credit card issuer has been pushing me to set up a PIN for a while now. Would the same PIN not work for purchases in other countries?
Not always. The security and storage process for conventional mag-stripe cards with pins and EMV compliant cards is different. Mag strip pins will work on most ATM terminals but they will not work in most non-ATM POS terminals. As always YMMV.
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