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English definition of “chip and PIN”

chip and PIN

noun [U] uk   /ˌtʃɪp.ənˈpɪn/ us  
a way of paying for goods and services using a credit card and a secret number instead of a signatureForms of money and methods of payment
(Definition of chip and PIN from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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