What Does Personal Identification Number (PIN) Mean?
A personal identification number (PIN) is a secure alphanumeric or numeric code used for authenticated access to a system. A PIN serves as a validation tool for users of various types of networks and systems, such as computer networks, credit/debit cards, and mobile phones. PINs are used across multiple sectors, including banking, payment processing, and communications.The PIN provides security when a credit/debit card is lost or stolen because the PIN must be known prior to making money withdrawal.
Techopedia Explains Personal Identification Number (PIN)
The PIN provides the following benefits:
