Contactless Cards

gusgorman

reclusive46 wrote: »

But once again. Why is it your problem? In the extremely unlikely case of this happening. The bank will refund any fraudalent charges anyway.

You keep saying this and then ignoring the answer.

It is the customers problem because the onus is on them to report the fraud.

stclair

gusgorman wrote: »

Because I bank with them, I asked them, and they told me.

I would suspect the bank will not offer contactless cards to cashminder customers for example. Which gives me the thought there would be scope to opt out.

However its only peculation as i`m not a co op bank customer.

reclusive46

Bare in mind that banks can issue online cards that feature contactless (It is possible to do an online transaction via contactless). Metro bank do this on their cash account and Orange/O2 on their prepaid cards. The Barclaycard Pay Tag also works online.

stclair

reclusive46 wrote: »

Bare in mind that banks can issue online cards that feature contactless (It is possible to do an online transaction via contactless). Metro bank do this on their cash account and Orange/O2 on their prepaid cards. The Barclaycard Pay Tag also works online.

You do realise this is the co op we are speaking about?

They do not even know the difference in online and offline :rotfl:

reclusive46

stclair wrote: »

You do realise this is the co op we are speaking about?

They do not even know the difference in online and offline :rotfl:

Haha this is very true.

Reminds me of when a friend asked if Santander issued contactless cards and my response was the only thing that Santander had that was contactless was its good customer service :P

Hominu

Jack_Griffin wrote: »

The changes are being led by mastercard & visa, who want to replace cash with their system. Why is that good or acceptable?

I don't know about you, but I prefer to carry around a card with me and pay with that than cash.

Card: touch reader, wait 2 seconds. Done.
Cash: Rummage through change. Count out onto cashiers desk. Realise 2p short, put it all back into pocket. Get £20 note out, watch cashier groan, put away the notes and then watch your pocket groan as you put more heavy change into it.

Stolen card: Report to bank. Get refund of any fraudulent transactions.
Stolen cash: Report to police. Expect to get none of it back.

dalesrider

gusgorman wrote: »

Yes I am. The point is that its stupid to add a vulnerability to my card if I'm not going to use the new feature. I don't see why I should take on the responsibility for something I don't want.

But you will still monitor you account if you did not have a contactless card....
No diffrence.

gusgorman wrote: »

The majority of my friends and people I work with don't want them at all.

Well the reverse is true in my group.

Also all the figures both Visa & Mastercard (They intorduced contactless, not the banks) said the public want them.

gusgorman wrote: »

And - if the biggest weakness is the retailers then its pretty stupid to add a feature that makes it even easier for them to commit fraud.

How is contactless cards making it easier for the staff to take details?
The issue is the staff and their access to details. how the transactions are processed makes no diffrence.....

Als owe are now 5 years into contactless now....

USA are big on contactless... Yet the ysay chip/pin is insecure... Go figure that one out.

Hominu

dalesrider wrote: »

USA are big on contactless... Yet the ysay chip/pin is insecure... Go figure that one out.

I think its more to do with them hating chip and pin rather than thinking its insecure. I've bought coffee and the like over there, they just want to swipe and go (with signature only for more expensive items), so contactless is perfect for them and natural progression. I got a Santander Zero card for travelling and was worried about remembering the pin - turns out I never needed to enter it!

reclusive46

Chip and PIN in America would slow things down quite a lot. Transactions are quick in the US with the no signature under 25 dollar program (For Amex and Visa) and for under 50 USD (For MasterCard). Contactless really isn't necessary in the US and as someone who is in the US a lot, barely anywhere takes contactless cards and even those who do have it on their machines (Such as Walmart) have it turned off.

Visa also isn't very fussed about Chip and PIN in the USA, it wants to go the chip and signature route. MasterCard and Discover (Another card network in the US, part of the Diners Club network) want to go Chip and PIN and American Express seem undecided.

When EMV is rolled out in the US (Will be done by 2015 for most retailers and 2017 for petrol merchants) I imagine something like the no pin under 25 dollars in Australia will happen in the US as well.

stclair

I never knew a debit card could cause such a stir :rotfl:

Just to throw a spanner in the works all RBS/Natwest offline debit cards will automatically include contactless technology on replacement or renewal cards from March