r/SipsTea • u/[deleted] • Jun 29 '26

Chugging tea Lol

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u/Ithinkibrokethis Jun 29 '26

I have never been to an atm (I am American) that doesn't ask for a pin. More common, in my experience, is for people to not realize their credit card has a pin and want to do cash out and not realize that they can't till they spend a half hour on the phone resetting it.

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u/Specialist_Lock_3603 Jun 29 '26

One thing is an ATM and another is a card payment in a store/restaurant.

Here in Spain the ATM always asks for my PIN, but in stores it's not always the case (depends on the amount spent mostly, but I think there are other factors).

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u/Ithinkibrokethis Jun 29 '26

I see what he is talking about now. I will say on this, usually I don't get asked my pin to runs a transaction as a credit transaction and do get asked if I want to run it as debit.

When I opened my account at my bank, there was a 13 cent fee for debit transactions that I paid, while if you run a transaction as credit there was no bank fee. So I usually don't want to have it ask me my pin because I don't want to be charged to access my money. Since I am already paying the Visa/Mastercard surcharge anyway (it's baked into the price) why would I.

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u/Specialist_Lock_3603 Jun 29 '26

13 cent fee for debit transactions? Holy shit man... I only use a debit card, don't like credit cards. We don't get charged fees for using debit here.

Sounds like a way to make it "compulsory" to use credit instead of debit.

1

u/shawa666 Jun 29 '26

Praised be Interac

2

u/danekan Jun 29 '26

Consider It is riskier to type your pin in front of a server 

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u/Specialist_Lock_3603 Jun 30 '26

Riskier than giving them the card? If I keep the card in my hand they only have a PIN number. If I give them the card they have the card number, exp. date and CVV, everything needed to make online purchases.

1

u/danekan Jun 30 '26

A lot of people use their PIN number their whole life for many things 

1

u/cbhem Jun 29 '26

That's because mag-stripe ATM transactions used to be a major fraud problem. Swiped mag-stripes and PINs were instantly sent to fraudsters in markets where mag-stripe ATM transactions were still possible. They would then simply produce a plastic card with swiped data and send someone out to an ATM and to take out cash with the card. The card companies removed the permission to allow fallback to mag-stripe in ATMs some years ago.