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  • Slowly57
    Slowly57 Posts: 353 Forumite
    Fifth Anniversary 100 Posts Combo Breaker
    Do read http://www.theukcardsassociation.org.uk/contactless_consumer/ContactlessSecurity2015.asp

    "It’s not possible simply to ‘steal’ cash from a contactless card – money has to go through the card system.First, you have a retail account to get any money from a card payment. There are thorough security checks before these can be set up and new accounts are monitored for any suspicious activity. Then, every card payment is fully traceable, right through to the recipient account. That means mean if any fraud were reported the recipient could be easily identifiable – and the money taken back.Finally, a contactless card has to be used in a specific way to work. That means it can only be a few centimetres away from the card reader and not near any metal objects, like keys and mobile phones, or indeed any other contactless card. And the fraudster will need to know where your card is.So waving a card reader about in the street or on a train couldn’t take a payment from passers-by. There’s never been any verified report of this ever happening in the UK."
    2022 | Back to the fold - need a Money Saving mojo reboot!

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  • Tin hats everybody!
  • Consumerist
    Consumerist Posts: 6,311 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 30 October 2016 at 10:25PM
    Slowly57 wrote: »
    "It’s not possible simply to ‘steal’ cash from a contactless card . .
    Well, of course, you would expect the UK Cards Association to defend its customers, the banks.

    I seem to recall a recent edition of BBC Radio 4's Moneybox which suggested that contactless-card security is so lax that the regulator has told the banks they must improve. Apparently, it's quite common for debits to be applied to cancelled contactless cards. :eek:.
    >:)Warning: In the kingdom of the blind, the one-eyed man is king.
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    Fortunately, I've no idea what "item" you're talking about
    The name is in the header of his post, it would appear to be this http://www.skimguard.co.uk/ but I don't know whether it's a 'scam' or effective.
  • Consumerist
    Consumerist Posts: 6,311 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 31 October 2016 at 1:29PM
    Biggles wrote: »
    The name is in the header of his post, . . . but I don't know whether it's a 'scam' or effective.
    Thanks for the advertisement. The manufacturers will, no doubt, be grateful.
    >:)Warning: In the kingdom of the blind, the one-eyed man is king.
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