[Sanddancer]

Chip and pin isn't any more secure than chip and sign, and is a greater hassle. For a while, merchant banks would deny fraud claims from skimmers claiming that the victim must have let the fraudster know the pin. However, as the card has to be on the magstrip as a backup, it's trivial to clone a pin. A friend had to fight for a fraud claim on her card a few years back, with the bank giving her that line. thankfully, she is dyslexic, and has chip and sign as an accommodation, so she was finally able to get enough words in for the rep to check her account flags and realize there was no way in hell she gave a pin to anyone, because her account doesn't have a pin attached to it. Chip and sign cards have pins on them for various silly reasons, even if there is no way it would ever be used.