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CVV (was: Re: bloomberg on supermicro: sky is falling)
- Subject: CVV (was: Re: bloomberg on supermicro: sky is falling)
- From: mark.tinka at seacom.mu (Mark Tinka)
- Date: Fri, 9 Nov 2018 09:33:38 +0200
- In-reply-to: <CAB2RJygQEKpEeWU5Vn7Naut3AwvLWybsZ=CPkLwPv8nRx4R-2g@mail.gmail.com>
- References: <1538992139.612460.1534330216.0146D0DE@webmail.messagingengine.com> <CAAeewD-EyvRLBVT-VhpuUvpMyH+NiuH4HJD_rZDCnhkL2Onp-g@mail.gmail.com> <9578293AE169674F9A048B2BC9A081B40301AC5013@MUNPRDMBXA1.medline.com> <[email protected]> <[email protected]> <9578293AE169674F9A048B2BC9A081B40301AC6580@MUNPRDMBXA1.medline.com> <[email protected]> <[email protected]> <1539265307.3026325.1538551584.1BE1FBC7@webmail.messagingengine.com> <[email protected]> <[email protected]> <[email protected]> <CAKr6gn0tRUt=y+nfDJjd=kNdM=PnKmJqTKeKKboPzEFMQmN2nw@mail.gmail.com> <[email protected]> <[email protected]> <CAB2RJygQEKpEeWU5Vn7Naut3AwvLWybsZ=CPkLwPv8nRx4R-2g@mail.gmail.com>
On 9/Nov/18 02:22, Todd Underwood wrote:
>
> 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."Â :-) . you can
> see this in the comment below "If we were swipe-based here, we'd all be
> 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.
That was me - and "low" (fraud rates) is not "zero" (fraud rates).
Personally, I don't want to add to the statistic. The inconvenience
isn't worth the bragging right :-)...
Mark.
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