Protect Your PIN Act of 2025

Overview: HR 5594, the Protect Your PIN Act of 2025, was introduced in the House on September 26, 2025.

Purpose and Intent: The bill aims to enhance consumer protection and security by requiring financial institutions to offer customers the option to use a personal identification number (PIN) in addition to a signature for credit and debit card transactions.

Key Provisions:
- Mandates that financial institutions provide customers the choice to use a PIN for credit and debit card purchases
- Requires financial institutions to offer PIN-based transactions at no additional cost to consumers
- Directs the Consumer Financial Protection Bureau to issue regulations implementing the PIN requirement within 1 year of the bill's enactment

Affected Parties and Impacts: The bill would impact all consumers who use credit and debit cards, providing them with an additional layer of security for financial transactions. Financial institutions would be required to update their systems and processes to accommodate the new PIN requirement.

Procedural and Timeline Considerations: The Protect Your PIN Act of 2025 has been introduced in the House and is currently awaiting further legislative action.