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Do chip-and-PIN debit cards store your PIN on the card?

Best Answers

The answer is Yes and No. Chip and PIN cards are usually card following the EMV specification and there are 2 types of PIN possible with EMV: 1: Offline PIN, this is stored on the card and verified by the card. read more

The answer is Yes and No. Chip and PIN cards are usually card following the EMV specification and there are 2 types of PIN possible with EMV: 1: Offline PIN, this is stored on the card and verified by the card. This PIN is encoded on the secure element of the chip card. read more

The US implementation of EMV chip credit cards is called “chip and signature”. It’s less secure than the “chip and PIN” method adopted by the rest of the world because yes, if someone steals your card, they can just use it without knowing the PIN. read more

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Wikipedia:
EMV