Disabling contactless payment on credit/debit cards

stator

jonesMUFCforever wrote: »

There are only 7 days in a week - so the most times you would need to remember is 7 transactions unless you multi shop every day.
Get yourself online with internet banking and download the app on your phone. Most banks these days will let you see pending transactions as well as actual ones.

Yes, sometimes one visits different supermarkets in the same day.
But anyway, I certainly can't remember which shop I went to more than 2 days ago.
Neither do I care to spend my spare time reconciling a million receipts against a credit card statement.

Anthorn

Reverting to the paranoia of yesteryear which happened because no-one understood contactless and were driven by scare-mongering videos. These days we understand them a lot better.


Probably the best way to disable it is to drill out the chip but it that case you will disable the whole card, especially chip and pin and have to use the magnetic strip which incidentally can similarly be copied, and your signature which is probably the easiest to copy because there is a specimen of it on the card lol


The other way is to not have a contactless card in the first place.

[Deleted User]

Anthorn wrote: »

The other way is to not have a contactless card in the first place.

I have one, but it's a pre-paid one, lives in a RFID pouch, and is only ever used online.

The only time it leaves my wallet, is to be topped up.

Missus_Hyde

jonesMUFCforever wrote: »

Most banks these days will let you see pending transactions as well as actual ones.

I've actually found that the contactless payments don't show up on "pending" transactions; they only appear on the statement when the money has cleared.

FWIW, I don't like them much as I'm a control freak and given the choice I'd rather have the option of not having contactless cards, but I've never had any problem with them and wouldn't go as far as disabling the card to prevent the very small chance of a fraudulent transaction.

Anthorn

Missus_Hyde wrote: »

I've actually found that the contactless payments don't show up on "pending" transactions; they only appear on the statement when the money has cleared.

FWIW, I don't like them much as I'm a control freak and given the choice I'd rather have the option of not having contactless cards, but I've never had any problem with them and wouldn't go as far as disabling the card to prevent the very small chance of a fraudulent transaction.

A contactless payment is an instant online electronic payment so it doesn't have to clear and it should only show in Pending Transactions if the bank is slow in calculating the balance. Even so, mostly, it should be reflected in the "Available Balance".


Commenting on contactless in general, I have my Nationwide, Co-op and TSB debit cards and my MBNA credit card all of which are contactless. My Aqua card is not contactless and because of that is in danger of being closed. I use contactless every day and wouldn't be without it.

chattychappy

marleyboy wrote: »

Ironically, it doesn't seem so long ago when they introduced Chip&Pin, claiming it to be fool proof and completely risk free. That didn't take long to crack either.

There is a difference. If you lose your card, it easy to deny a subsequent contactless transaction. It is less easy to deny a subsequent chip'n'pin transaction (whether it happens as a result of cracking, mail being intercepted, hidden cameras, compromised equipment, having your PIN written down etc.)

I prefer contactless because it reduces the chances of my PIN becoming known to others.

I do think people should have a choice, though.

fozmcfc

When it comes to money, contactless payments, is just the latest in a long line, to get some people paranoid.

I bet when cheque books and then ATM's came about, there were paranoid people saying, how they are sticking with their post office account and going in to take money out and have their book stamped.

Then of course we have online banking, oh no I wouldn't do that, say the paranoid, then chip and pin, oh no mustn't do that, then online transactions, put my card details in a website, oh no I wouldn't do that.

Now it's contactless cards and no doubt the paranoid people who will start on about Apple Pay.

One day I've no doubt the facility to pay with you hand or finger or thumb will come about and we'll have the paranoid, worried their hand may scrape against the pay machine or whatever device is in place.

Of course in 99.9% of cases, eventually people realise they are just being silly and catch up with the rest of the modern world.

SeduLOUs

stator wrote: »

Yes, sometimes one visits different supermarkets in the same day.
But anyway, I certainly can't remember which shop I went to more than 2 days ago.
Neither do I care to spend my spare time reconciling a million receipts against a credit card statement.

So how do you know whether the supermarket has charged you the correct amount or double billed you?

You'd do better financially to pay attention to the transactions you're actually making than worrying about what fraudulent transactions 'might' be happening to your card. I'd be willing to bet the chance of Tesco mis-charging you is much higher than someone brushing past you with a dodgy contactless reader.

And if you did pay attention, you'd spot any dodgy transactions pretty quickly anyway and get them refunded. Two birds, one stone and all that.

jonesMUFCforever

Missus_Hyde wrote: »

I've actually found that the contactless payments don't show up on "pending" transactions; they only appear on the statement when the money has cleared.

FWIW, I don't like them much as I'm a control freak and given the choice I'd rather have the option of not having contactless cards, but I've never had any problem with them and wouldn't go as far as disabling the card to prevent the very small chance of a fraudulent transaction.

You have the option of taking money out of an ATM and using that for shopping.

SnowTiger

Missus_Hyde wrote: »

I've actually found that the contactless payments don't show up on "pending" transactions; they only appear on the statement when the money has cleared.

FWIW, I don't like them much as I'm a control freak and given the choice I'd rather have the option of not having contactless cards, but I've never had any problem with them and wouldn't go as far as disabling the card to prevent the very small chance of a fraudulent transaction.

I was a contactless virgin until yesterday. I've used Oyster, but that's a different system.

It's probably not practical to authorise every transaction, especially as they're generally for small sums. My £2.65 cappuccino at Costa hasn't appeared on my account yet even as a pending transaction. I didn't expect it to.

I hadn't noticed previously that many of the retailers I use accept contactless payments and have continuted to use Chip'n'PIN. So, even when contactless is available you can still stick your card in the machine and enter your PIN.

I only realised I could use Chip'n'PIN because retailers are pushing Apple Pay.