The future of payments
Chip and PIN ushered in a new generation of payments. Now sales could be processed anywhere, using tablets instead of tills, or even at unattended checkout points. Chip and PIN was faster than the previous ‘swipe and sign’ method, and more secure – it’s harder to guess or steal a PIN number than it is to fake a signature. It was good news for customers and businesses alike. Since its introduction, contactless and mobile payment have been introduced using the same reliable technology.