Natwest Paytouch Trial

BugsyBrowne

Anyone explain why getting your phone out to pay for a purchase is any
easier or more convenient then getting your debit card out of your wallet.

A Concorde has more chance of taking off then this.

Gromitt

BugsyBrowne wrote: »

Anyone explain why getting your phone out to pay for a purchase is any
easier or more convenient then getting your debit card out of your wallet.

My phone is always with me, my wallet is not. Its also not that easy to just carry around just a debit and/or credit card. If they are lose in your pocket, far more chance of losing them. So I tend to only have them when I have my wallet with me. But its big and bulky.

That said, I wouldn't want to get to the till and find out their contactless reader is broken (happened in McDonalds) or my battery is flat, or your phone decided to crash and you need to wait for it to reboot. Payment needs to be quick and easy. Paytag is better than this, but not as flexible as a card.

Maybe the ideal situation would be a phone that is slightly thicker to accomodate a debit or credit card inside. The outside plastic would be thin to allow you to use the contactless features of your card, but you could always retrieve the card to use in a non-contactless reader. Never going to happen, but it would be nice to see how functional this would be.

BugsyBrowne

I just think the more features like banking on phones are just going to make criminals focus on these even more then they do now.

On peoples phones I am pretty confident many phone theives would know how to bypass phone passcodes etc and with so much personal info on these I can see phone thefts on a rise.

Gromitt

Completely agree. People are already collecting there email, and signing into bank accounts using their phones.

A compromised email account is very useful for people to reset your other passwords, as the sites typically use your email address for validation.

Personally, I would never install any kind of banking software on my phone as I think it's just too risky.

JuicyJesus

BugsyBrowne wrote: »

Anyone explain why getting your phone out to pay for a purchase is any
easier or more convenient then getting your debit card out of your wallet.

A Concorde has more chance of taking off then this.

Anyone explain why tapping your card on a reader is any easier or more convenient than putting it in a slot and entering the PIN?

Anyone explain why putting your card in a slot and entering the PIN is any easier or more convenient than having a shop assistant swipe it and you sign a slip?

Anyone explain why having a shop assistant swipe your card and you signing a slip is any easier or more convenient than writing out a cheque and them writing the numbers on the back?

Anyone explain why writing out a cheque and having them write numbers on the back of it is any easier or more convenient than giving them cash you just drew out from a cash machine?

And so on and so on.

It's called technological advancement. Some people rather like it.

jamesd

JuicyJesus wrote: »

It's called technological advancement. Some people rather like it.

Definitely true:

1. Insert high power reader in doorway.
2. Read every card that comes through the door to get card details.
3. Make one purchase per merchant using a different merchant for each card.
4. If you don't believe that this is possible, learn more about the technology.

Excellent potential here for technically capable criminal gangs and it's much more convenient than tampering with ATMs.

The protection for the consumer comes to the extent that issuers choose to believe a claim from a consumer that they didn't carry out a transaction. Not from the inherently insecure technology.

Aside from that, adding more value to a device that is already a theft target is daft. Stick the tag on a watch strap or bracelet or something else that is not already such a common theft target.

madgagoo

jamesd wrote: »

Definitely true:

1. Insert high power reader in doorway.
2. Read every card that comes through the door to get card details.
3. Make one purchase per merchant using a different merchant for each card.
4. If you don't believe that this is possible, learn more about the technology.

Excellent potential here for technically capable criminal gangs and it's much more convenient than tampering with ATMs.

The protection for the consumer comes to the extent that issuers choose to believe a claim from a consumer that they didn't carry out a transaction. Not from the inherently insecure technology.

Aside from that, adding more value to a device that is already a theft target is daft. Stick the tag on a watch strap or bracelet or something else that is not already such a common theft target.

Carry 2 contactless cards/phones, problem solved!

BugsyBrowne

JuicyJesus wrote: »

Anyone explain why tapping your card on a reader is any easier or more convenient than putting it in a slot and entering the PIN?

Anyone explain why putting your card in a slot and entering the PIN is any easier or more convenient than having a shop assistant swipe it and you sign a slip?

Anyone explain why having a shop assistant swipe your card and you signing a slip is any easier or more convenient than writing out a cheque and them writing the numbers on the back?

Anyone explain why writing out a cheque and having them write numbers on the back of it is any easier or more convenient than giving them cash you just drew out from a cash machine?

And so on and so on.

It's called technological advancement. Some people rather like it.

Yawn......

Gromitt

JuicyJesus wrote: »

Anyone explain why tapping your card on a reader is any easier or more convenient than putting it in a slot and entering the PIN?

Depends, if the shop does full auth, then contactless is definitely quicker, and time is money. With some shops, its almost the same amount of time so it doesn't matter (a number of shops around me now have the terminal say "Remove card" as soon as you have pressed the enter button after entering your PIN)

JuicyJesus wrote: »

Anyone explain why putting your card in a slot and entering the PIN is any easier or more convenient than having a shop assistant swipe it and you sign a slip?

Printing and signing a slip typically takes a lot longer. Now if it was like the USA where they swipe and hand the card back (no signature), then it's easier than contactless and I like it.

JuicyJesus wrote: »

Anyone explain why having a shop assistant swipe your card and you signing a slip is any easier or more convenient than writing out a cheque and them writing the numbers on the back?

I don't know many shops that accept cheques any more, so thats a moot point.

JuicyJesus wrote: »

Anyone explain why writing out a cheque and having them write numbers on the back of it is any easier or more convenient than giving them cash you just drew out from a cash machine?

and lose the cashback? Crazy! It is slower than contactless most of the time unless you have exact change, and then you have the ATM withdrawal. Yeuck. I watched someone yesterday buy a drink in McDonalds with cash, the change was thrown in his hand whilst they were shouting "Next!" and then being pushed out of the way before he even managed to check or put the change somewhere.

JuicyJesus

All excellent points, well made, but I think you may have missed the point of my post a tad

My point was that I'm sure when cheque guarantee cards, cash machines, debit cards and chip and PIN came out, every single time people went "what's the point? We already have xyz, we don't need anything else?" when each and every one of those things has either become part of our way of life (ATMS, debit cards) or has itself been totally superseded and eclipsed because technology has advanced beyond it (cheque guarantee cards, swipe and signature payment methods). Contactless and mobile payments are going through this at the moment, but I'll bet that if you give it five or ten years people will consider them as indispensible as chip and PIN is now.