Are you talking about debit cards? If so then yea, you’d need a pin, but not if you use it as a credit card, swipe, chip or tap. ATMs and cashiers usually give you the option. Credit cards don’t have pins.
Yes, you don't want the tap on your debit card, tied to an account that holds your cash. Someone steals your debit card and taps away 500$, you lose that money until you prove the ones that weren't your charges.
The tap on a credit card, someone steals and taps 500$, you dispute those charges and the credit card company has to prove that you were the one to create the charges. (Mind you, if they tap 500$ a day for a week, then you will be responsible for not calling it as lost).
If you tap, no. If you use the chip or swipe, yes.
I thought what you describe was overdraft type of thing... that makes sense at least.
Are you talking about debit cards? If so then yea, you’d need a pin, but not if you use it as a credit card, swipe, chip or tap. ATMs and cashiers usually give you the option. Credit cards don’t have pins.
Overdraft is something else entirely.
Yes, you don't want the tap on your debit card, tied to an account that holds your cash. Someone steals your debit card and taps away 500$, you lose that money until you prove the ones that weren't your charges.
The tap on a credit card, someone steals and taps 500$, you dispute those charges and the credit card company has to prove that you were the one to create the charges. (Mind you, if they tap 500$ a day for a week, then you will be responsible for not calling it as lost).