Joanna Hartley writes for Arabian Business.com that a little less than half of those polled welcome the UAE's recent Chip and PIN move.Poll shows 50% support chip and PIN move in UAE - Banking & Finance - ArabianBusiness.com
Almost half of all responders to a poll have said they think the new chip and PIN idea that is to be rolled out across the UAE is a great idea that will have a major impact on fraud.
Last week's announcement by the UAE Central Bank that all banks in the country will be required to move to chip and PIN technology called widespread debate, with some experts citing the move as useless against the type of fraud residents suffered last summer at the hands of international gangs.
However, Arabian Business’s online survey showed that 48.6 percent strongly welcomed the move, with just 10.4 percent thinking it would be a better to invest in more advanced biometric tests, such as eye scans, to stop fraud.
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