What is a PIN?

Modified on Tue, 21 Jun 2022 at 03:21 PM

A Personal Identification Number (PIN) is a numerical code to verify your identity. Most familiar with the PIN for debit cards issued from banks, the PIN is like a password and is used in almost all electronic financial transactions. 

A PIN ensures an extra layer of security for essential services to protect sensitive information.

Valid for anything digital and requiring access, it is also common for car locks, communication devices, home security systems, and much more.

Most institutions will automatically issue the PIN to you. In cases where you’re required to formulate one, it is always advisable to have a PIN that could not easily be guessed.

Think of it as a digital representation of the combination for one of those physical safes that keep your valuables locked and secure. 

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