 However, merchants had become increasingly lax in enforcing this verification, resulting in an increase in fraud.Australian banks have since deployed chip and PIN technology using the global EMV card standard; as of 1 August 2014, Australian merchants no longer accept signatures on transactions by domestic customers at point of sale terminals.As a further security measure, if a user enters an incorrect PIN three times, the card may be locked out of EFTPOS and require reactivation over the phone or at a bank branch.