It's quite exciting that stolen payment card details will lose most of their value for Internet purchases in the EEA soon. Long overdue I think, it's practically a backdoor to the whole Chip and PIN security system. (Though so are transactions with signature or magstripe, but those are also slowly being tackled…)<p>My main bank account is with Nordea, a big Nordic bank, one of Sweden's big four. They are currently quite paranoid about Internet purchases and outright do not permit any such transaction if it does not have that kind of two-factor authentication — if the merchant doesn't support it, you must log in with the app or Internet bank and temporarily turn this off for one hour. But with support for two-factor authentication bexoming obligatory in the EEA, I guess it will only be non-EEA merchants where this is a problem. :)