Anonymous
Anonymous asked in Business & FinanceCredit · 2 months ago

why do we not need to enter a pin number when using a credit card at the store ?

it seems less secure. Can you request to your credit card company to use a pin number for all purchases? 

5 Answers

Relevance
  • 2 months ago

    Because you are not withdrawing cash from your own account, you are borrowing money, and because there are other protections in place for fraudulent use of your credit card.

  • 2 months ago

    Some credit card companies will provide a pin, but you do have to request it, usually. I am not sure even if you did so if you would have to use the pin every time or not. Probably not, considering that could eliminate your ability to use the card online for shopping or anything where a pin cannot be used.

  • 2 months ago

    credit cards o not require pins, they require signatures.

  • 2 months ago

    Things change. Keep up with this.

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  • Amy
    Lv 7
    2 months ago

    That's how credit cards work in Europe.

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