News and Media Releases/Publications » Articles » Take care of your card or take cash say Police
James Beech
22.01.2011
View original articleThe New Zealand Bankers' Association confirmed yesterday all New Zealand banks have plans to progressively roll out credit cards with chip and PIN technology to curb skimming operations. Bankers' association chief executive Sarah Mehrtens said introduction of chip and pin technology was aimed at reducing card fraud. The payment industry was working to have all EFTPOS terminals able to accept chip cards with PINs by mid-2011. “Some banks already provide chip cards,” Mehrtens said. “We advise customers who would like a credit card with a chip now to speak to their bank. They may be able to offer one that includes this technology immediately.”