New anti-fraud cards on the way
The proposed change means people will key in a PIN number when they use their card instead of signing a receipt.
Last year, card fraud was estimated to have cost the industry about £400m and it is hoped the new scheme will halve mis-use within three years.
The total cost of carrying out the new measures is estimated at £1.1bn, spread over the next two to three years.
Pilot schemes
The
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