![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhFK0nbQ1rtEPHIwldxoAlzsD-V2yuyaRqbiDIxJ6wvSwAzHfJ1Pd-Pd4KfSQu8jiTYPxEE7s1Er7WzFnmd0m5VUpg22E2XbcYCywXhIEH2KU8pyNLDQwQ1UznYqtmngaWoFIZ0/s200/jpmorganchase.jpg)
JP Morgan Chase
is telling its customers to select "credit" when making debit card purchases, because then they'll have to sign for their purchase and that's safer than entering a PIN in public Except banking industry experts say it's actually
not safer. Could this new advice arise from the fact that that JP Morgan Chase
makes a dollar from the average $100 signature debit purchase, versus a nickel or dime from the same PIN debit purchase? Naw!
Labels: banking, retail, scams