Authorizing Card Payments with PINs
Václav Matyáš, Jan Krhovják, Marek Kumpošt, Daniel Cvrček · Computer · 2008
Chip and PIN technology was introduced as a means of decreasing payment-card fraud. However, according to results of a two-phase experiment, the technology makes it easier for thieves to obtain PINs and more difficult for customers to defend against counterfeiting.