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Technology Stocks : Y2K damage reports

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To: coug who wrote (71)	12/29/1999 11:26:00 AM
From: C.K. Houston	Read Replies (1) of 286

Check out what's been going on in the U.K. At the height of the holiday season ... credit card swipe machines aren't working! Credit card swipe machines in shops are set to keep crashing until January 1, bank chiefs have said. Shoppers face difficulties paying for goods and services at the height of sales fever because a version of the millennium bug has struck early. A software problem with the credit card terminals means they have been refusing to allow transactions from credit cards and debit cards - such as Visa, Mastercard and Switch to go through. The glitch has left retailers frantically trying to put transactions through on old-fashioned paper slips. A spokeswoman for HSBC, the high street bank which has issued 10,000 swipe machines to retailers, said: "The fault has been caused by terminals not being able to recognise January 1. It will be completely cleared by January 1." ... [LOL] The HSBC spokeswoman said the fault "might be an end of year problem" rather than the infamous millennium bug, which is specific to January 1 in the year 2000". itn.co.uk Cheryl

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