I’m unsure if this topic has come up here before, but I would like to commend Monzo for not including the technology or required applications for PINsentry / card readers to work on Monzo cards.
I only found this out through curiosity tonight when sorting through my bag and finding an old NatWest card reader. Upon putting my Monzo card in it states that the card is not recognised / wrong card.
I love this as when using a card reader it will state whether the PIN entered is correct or not… I believe this is a MASSIVE flaw in the implementation of these readers and either way a code should be calculated, correct PIN or not. As the banks system already knows what a correct code will be anyway, I believe there’s less harm in giving an incorrect code.
I feel that essentially all these devices could potentially help in the commission of crime in that a mugger can easily tell if a PIN given under duress is correct or not with most banks cards.
I feel more secure knowing my bank card DOESN’T have this feature inbuilt.