JoeBloggs
VIP Member
Not all banks have, Santander for one haven’t and I’ve been told by them it’s a risk allowing a third party to access the accounts and we are not covered.But that can go for any company. Why is Chip any different?
Banks have now accepted Open Banking. I can link all my accounts to Barclays if I choose.
It’s a little disappointing that as we hit 2020, people are still panicking about this kind of thing.
I don’t use chip but I have used other apps that allow access to my accounts (budgeting etc). However there is always a risk when you give your information over even if it’s not the app it could be a hacker.