FlyerTalk Forums - View Single Post - USA EMV cards: Availability, Q&A (Chip & PIN -or- Chip & Signature) [2012-2015]
Old Jan 7, 2014, 4:21 pm
  #2557  
cbn42
Moderator: Manufactured Spending
 
Join Date: Jul 2011
Posts: 6,580
Originally Posted by JEFFJAGUAR
Yeah but it's easy to get fake ID's like that which means it's ineffective anyway.
If our ID cards are secure enough to establish identity for driving, voting, or opening a bank account, they should be secure enough for a credit card purchase. Of course nothing is 100% secure, but that doesn't mean it is completely useless.

Originally Posted by JEFFJAGUAR
I still don't see the advantage of being forced to show ID for a credit card transaction.
The advantage is less credit card fraud. If you get hit with fraud, you have to deal with it. You may not be liable for the purchases, but you still have to do some paperwork, get a new card, change your recurring billing information, and so on. Just because we have zero liability doesn't mean that you shouldn't be concerned about the consequences of fraud, because you are paying for it one way or another.
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