Posted 2/26/2024, 7:29:35 PM
Worthless Currency Drives Venezuelans to Abandon PIN Privacy
- Venezuelans not covering PINs when paying by card as currency has become worthless
- Venezuelan bolivar has struggled to recover after period of massive hyperinflation
- Economy has shrunk by three-quarters leading to security concerns disappearing
- President Maduro's party has tried controlling prices with spending cuts and tax hikes
- Fake US dollars now flooding economy from Colombia and Peru, merchants struggle identifying real banknotes