On 7 Jan 2010 12:27:09 -0800, in bit.listserv.ibm-main you wrote:

>>The chip is not just data; it is a processor.  All data exchanged between the 
>>card (ie. the chip) and the terminal is encrypted.  
>
>Why can't their web-site say that?
>
>>There's obviously a lot more to it than that but, right from that basic 
>>level, the chip is inherently more secure that the stripe.  I don't need 
>>Interac to tell me that.  
>
> I'm not a full-blown security expert; I'm a Jack-of-all-Trades.
>All somebody had to do is answer the question.
>
>(Mind you I'm still concerned that the new card had my 'secret' PIN already 
>allocated when I received it.
>At best, they should have me take the card to the Bank, and enter a new/old 
>PIN)

Is the PIN on the card or is it at the bank where they assigned the
one you already had on the debit card to it?
>-
>Too busy driving to stop for gas!
>

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