Barclays' chip and PIN readers will work for other banks

Monday, 23 April 2007, 1:34 PM EST

Barclays Bank is introducing a handheld chip and PIN card reader for the home in an escalation of its online banking security. Other chip and PIN cards will work with the Barclays device, not just cards issued by Barclays.

Barclays has designed its system in accordance with standards issued by payment association APACS. Barclays says it will be the first deployment of its kind in the UK for personal banking customers. By conforming to the APACS standard the reader can be used as part of any system also using those standards. Not all chip and PIN cards conform to the standard at present.

At The Register.

[ Read more ]




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