English

Noun

chip and PIN (uncountable)

1. A system for verifying that the bearer of a debit card or credit card is the owner, involving cards that contain a silicon chip storing the PIN of the card; the bearer confirms he is the owner of the card by inserting it into a machine and entering the PIN, which is compared with the one stored on the chip.

• 2007-09-12 21:19 - Connel MacKenzieBot - Robot: Automated text replacement (-{{rfc-xphrase|Noun phrase}} +)

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