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Subjects>Business>Accounting

Why is a PIN needed?

Updated: 9/28/2023

Wiki User

∙ 13y ago

Best Answer

PIN is your secret code to you card, it is needed to prevent other people from using when it's lost.

Think this: If you had no PIN to your card and you lost, other people will be able to use it.

So it protects your card from being used.

Wiki User

∙ 13y ago

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Continue Learning about Accounting

What do you do if you have a debit card and you don't know your pin?

Visit a branch of your financial institution and request to reset your pin number.

How do you hack a credit card pin?

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How do you trace ATM pin number?

You don't ! The PIN associated with a person's account is their business - known only to them and the card company. Even bank staff have no access to a customer's PIN.

Is a pin required for credit transactions?

It is very rare in the U.S. to have a credicard that requires a pin, but it is very common in parts of Europe.

What is a valid neocash pin?

You have to buy a neocash card because my friend gave me a pin code and it said this code is invalid.

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Why a PIN is needed for the plastic card?

The money is entitled to you not anybody else, so privacy is needed. This is why a PIN is needed when setting up a bank account.

When your phone says please enter your pin what do you do?

you do you're pin number

When you use a three pin plug what is the third biggest pin for?

Would that be the smallest pin. To answer this question the specifications of the plug will be needed.

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300 is a perfect score.

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Why is a PIN needed on a credit or debit card?

So that no one other than you can access the card if it gets lost

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