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Shell Drops “Chip & Pin” Payment System

Shell Drops “Chip & Pin” Payment System

By Piers Fawkes on May 7, 2006

The BBC reports that Shell petrol stations have stopped using a finance system that was designed to make financial transactions safer in the UK. Eight people have been arrested after siphoning off more than £1m from customer accounts. The Chip & Pin system forces people to enter their PIN number when they pay by debit card.

Recent Articles By Piers Fawkes

Piers Fawkes is the founder and editor-in-chief of PSFK, a daily news site that acts as the go-to source of new ideas and inspiration.

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