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chip and PIN

   Also found in: Wikipedia 0.16 sec.
chip and PIN
Noun
a system for authorizing credit- or debit-card payment requiring the purchaser to enter a personal identification number
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Nomad's open loop prepaid technology, featuring Chip and PIN capability, is being used in many of the UK's major retail centres such as the Bullring in Birmingham and The Arndale Centre in Manchester.
Nomad, Europe's Leading Card Processor, Exhibits at Prepaid Card Expo ... by Business Wire
bank-issued credit and debit cards, which typically do not have a chip but instead use a magnetic stripe and cardholder signature, will work with the new Chip and PIN systems.
Travelers May Get Confused by New 'Chip and Pin' Technology; U.S. ... by Business Wire
Comms XL provides over 1,000 customers -- including well known names such as JD Sports and First Choice -- with a variety of card transaction processing services, including pre-approved Chip and PIN software, a payment service provider gateway and innovative kiosk and hospitality solutions.
TNS Acquires Comms XL to Further its Strategy of Becoming an ... by Business Wire
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