With the new PIN system, card-users can now enter their cards into payment terminals themselves and then verify the transaction with a PIN - the card never needs to leave their hands.
ALTHOUGH Malaysia will start implementing the use of PIN number to authorise credit card transactions in 2017, banks in Malaysia have done very little to create awareness among its customers on the importance of the PIN (personal identification number).
The migration to PIN from signature is part of a worldwide shift to protect credit card users from fraud.
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