Dankort
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The Dankort is a Danish debit card and is the national credit card of Denmark. Today it is usually combined with a VISA card so it can be used abroad.
[edit] History
The first Dankort was issued by Pengeinstitutternes Købe- og Kreditkort in September 1983. In 2001 Dankort A/S was founded, and it took over the rights to the Dankort in January 2001. In 2004 the the Dankort technology was upgraded from being simply a magnetic strip card, to a hybrid card with both the magnetic strip and an embedded chip. This was to improve security by reducing the possibility of card fraud, but was ill received as the card holders picture was removed from the card, making it possible, in theory, for anyone to use the card. Also, the new chip system was faulty and slow, and by 2006 is still only limitly used. In the beginning of 2005 the Danish banks introduced a fee for using the Dankort of 50 ører ($0.07) per transaction, prompting massive protests from Danish politicians, store owners and card holders. The law was subsequently changed replacing the transaction fee with an annual fee to be paid by the store depending on the number of transactions.
[edit] External links
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