95

News

Extra protection on the way for the Danish national debit card

TheCopenhagenPost
May 3rd, 2016


This article is more than 8 years old.

New PIN code will be required for online purchases using the Dankort

New security measures on the way for the Dankort (photo: Nielsmo)

Rising fraud and greater security demands by financial watchdogs Finanstilsynet have resulted in an additional PIN code requirement for the 3.3 million Danes who use their Dankort online.

Nets, the company that administers the Dankort system, and the Danish internet trading association Foreningen for Dansk Internethandel (FDIH), said that customers are losing money as a result of internet fraud.

The new system requires that Danish online shops will ask for an additional code for card purchases above 450 kroner.

Familiar solution
The new system is similar to one already in use by many international cards, which requires shoppers to enter a one-time code that they receive via SMS.

“This gives us a solution that increases security and ensures easy payments for customers,” said FDIH director Niels Ralund. “Banks have also raised payment guarantees for web shops from 1,000 to 2,000 kroner.”

It is no secret that Dankort fraud is on the rise. In the first half of 2015, card customers were swindled out of 32 million kroner, and a large portion of that abuse was via the internet.

Fraud increasing
From the last half of 2014 to the first half of 2015, the volume of online fraud  grew by 12 percent.

Danes use their Dankorts to spend 60 billion kroner online annually. In 2015, 140 million purchases or transfers were made via the web or mobile devices.

READ MORE: EU law could bury the Dankort

The new requirements are expected to be introduced in the autumn.


Share

Most popular

Subscribe to our newsletter

Sign up to receive The Daily Post

















Latest Podcast

A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”