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<div class="moz-cite-prefix">On 9/Nov/18 02:22, Todd Underwood
wrote:<br>
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cite="mid:CAB2RJygQEKpEeWU5Vn7Naut3AwvLWybsZ=CPkLwPv8nRx4R-2g@mail.gmail.com">
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<div>i generally find it amusing when people from other
countries mock the US for not having PINs. this is just
another way of saying "my country has high fraud rates and
yours appears not to." :-) . you can see this in the
comment below "If we were swipe-based here, we'd all be</div>
broke :-).". the payments systems are architected to minimize
cost and maximize adoption and they are usually at (or moving
towards) some locally optimal point. the US is no exception
in that.</div>
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<font face="Tahoma">That was me - and "low" (fraud rates) is not
"zero" (fraud rates). <br>
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Personally, I don't want to add to the statistic. The
inconvenience isn't worth the bragging right :-)...<br>
<br>
Mark.</font><br>
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