"Tim+" wrote in message

Its just another level of fraud protection. By generating codes that
cant
be intercepted it makes it very hard for anyone without both your card,
your card reader and your account log in details to carry out any serious
fraud.

not much point in them "IF" you can use any card reader is there??


In theory you can use any bank's card reader with any banking app.

https://en.wikipedia.org/wiki/Chip_A...cation_Program


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