0%

ALL meanings of chip and pin

chip and pin
C c
  • uncountable noun chip and pin Chip and PIN is a method of paying for goods you have bought by using both a bank card and a PIN number. 3
  • noun chip and pin a system for processing credit cards requiring the customer to enter a unique identification number instead of a signature to authorize a payment 3
  • noun chip and pin (as modifier) 3
  • noun chip and pin 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 ownership of the card by inserting it into a machine and entering the PIN, which is compared with the one stored on the chip. 0
Was this page helpful?
Yes No
Thank you for your feedback! Tell your friends about this page
Tell us why?