We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Contact or Contactless Debate
Comments
-
oldagetraveller wrote: »"I think all cards have the contactless feature."
Your thinking is incorrect. My Lloyds debit card is not contactless and that's how it was issued without any input from me.
I was a bit of a dinosaur with regards contactless cards but after using both a debit and credit card, to pay for fuel and car parking, I have changed my tune.
However, I am of the opinion that the £30 limit is sensible.
I don't carry my cards around in an armour plated wallet or wrapped in foil and have not had any problems with the perceived "near field" risk.
In fact I'm going to request a contactless debit card from Lloyds.
If you read my next post...0 -
Applied for two new Lloyds contact credit cards.
If successful i'll be cancelling my Capitol One contactless cards shortly.0 -
akwe-xavante wrote: »Heres an interesting scenario....... An old / infirm / disabled person gives a contactless card to the carer or cleaner to go and buy bread and milk! What's to stop the person buying something for themselfs at the same time, a mars bar. "So ok i got away with that!" I'll buy a newspaper and a marsbar next time..... and so the process continues.
How does the vunerable person go about paying for what she did ask to be bought for her and NOT pay for the items she didn't ask to be purchased????? Is she at fault for handing over the card in the first place, probably yes and the same would be true if she had a contact card and gave the carer a PIN number to go with it.
BUT we are always being told never to give anybody a PIN number to go with a card or indeed have it written on a piece of paper in a puse or wallet where the card is!!!!!
What? By your own admission, all of the above also applies to chip and pin, so why even bother writing it then? It has nothing to do with contactless.
You can think what you like, but evidence shows that in reality contactless cards *aren't* a "severe" security risk.akwe-xavante wrote: »I'm not having contactless cards, no way, far to dangerous to carry around, a severe security risk as far as i'm concerned.
From a Which report, earlier this year:
Contactless payments make up 1/3 of all card payments, but account for just 1.9% of all card fraud.
Whilst a thief who steals your wallet can make transactions with the card, the total amount they can steal is reduced by the transaction limit. This means they're less likely to be targeted by "professional" thieves because it's hard to use them to get a worthwhile profit. The money they'd make from buying low value items with your card then selling them on is minimal - and certainly not worth the risk (lots of shops, lots of CCTV).
There are far more lucrative types of card fraud criminals can commit - such as making online purchases of high value items (TVs etc) getting them sent to a fake address, etc - none of which involve the contactless technology.0 -
Potbellypig wrote: »
Like the previous poster, the only slight gripe is the time it takes to show up on your bank statements. These should really have caught up now and be showing you live data at a click.
Try Starling Bank, when I use its debit card, I can hear the notification on my mobile phone as I am putting my card back into my wallet, would that be quick enough for you?0 -
akwe-xavante wrote: »My problem is that anybody could take a contactless card by whatever way and use it to make multipal purchaes of up to £30 without my knowledge and or permission to do so until stopped.
It could be a family member, friend! or a theif, an employee. I could loose my wallet and it could be several hours or longer before i know about it. I could accidently drop my card in a store, on the street or accidently leave it on a store checkout counter. The person that finds it could use it until stopped, this could mean that the person could run up a substantial bill on the card.
My current cards are all contact cards and not contactless. My card companies have sent me contactless cards in recent years but i've always phoned and asked for them to be replaced with contact cards. Today i've recieved two new Captiol One contactless cards again. I phoned them to ask for them to be changed to contact cards, (This is something i,ve done before successfully). They tell me that this is no longer possible as they have now dumped contact cards and gone completely contactless now. I'm not having contactless cards, no way, far to dangerous to carry around, a severe security risk as far as i'm concerned.
In addition to what has already been said, there is a limit to the number of contactless transactions that can be made before the PIN is asked for, not sure exactly what this limit is, (I think it is less than 10) however, it would not allow thousands to be spent.0 -
In addition to what has already been said, there is a limit to the number of contactless transactions that can be made before the PIN is asked for, not sure exactly what this limit is, (I think it is less than 10) however, it would not allow thousands to be spent.
While this is in theory possible, I have NEVER been asked for a PIN on any time I have used either of my contactless cardsSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
0 -
While this is in theory possible, I have NEVER been asked for a PIN on any time I have used either of my contactless cards
Do you ever use the card for chip and pin transactions?
I believe it's only if you used the card contactless 10 times in a row *without* doing any chip and pin transactions between, that you'd be asked. i.e. each time you enter the pin (for any reason) the counter is reset.0 -
Do you ever use the card for chip and pin transactions?
I believe it's only if you used the card contactless 10 times in a row *without* doing any chip and pin transactions between, that you'd be asked. i.e. each time you enter the pin (for any reason) the counter is reset.
That's also how I understand it to work0 -
Potbellypig wrote: »A converter to contactless over the past 12 months. I think it's a cracking bit of technology and will continue to use it.
Like the previous poster, the only slight gripe is the time it takes to show up on your bank statements. These should really have caught up now and be showing you live data at a click.
Appears instantly with Monzo and Starling, my phone beeps before the terminal says approved.0 -
Security risk? Come on now, you can't be serious.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards