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GeoffTF

heterodyne76 said:

I think the point being made was that if someone swipes your phone out of your hand, they won't be able to use it with Google or Apple Pay as it requires biometrics in each instance.

If someone grabs your card it's a contactless payment spree until a limit is reached.

According to a recent File on 4 program on mobile phone theft, criminals can drain your bank accounts in minutes if is unlocked, and it just takes longer if it is locked. You have also lost your phone.

If someone grabs my card, there is currently £85 on it with a contactless limit of £20. They do not know either of those numbers. If they try more than £20, they will be asked for a PIN. The bank will give me another card and compensate me for any stolen money. I keep my phone.

Section62

heterodyne76 said:

I think the point being made was that if someone swipes your phone out of your hand, they won't be able to use it with Google or Apple Pay as it requires biometrics in each instance.

You've lost your phone though - with all the inconvenience that involves - and unless insurance covers it, you'll have to pay for a replacement.

heterodyne76 said:

If someone grabs your card it's a contactless payment spree until a limit is reached.

How much of the cost of that spending spree is the cardholder liable for though?

This is why I'd keep my phone hidden away, and use a card instead.

GeoffTF

Here are some statistics:

https://cdn.prgloo.com/media/77fbf188bb61467cb82fed0e613fc29c.pdf

In the first half of 2025, there were 220,071 cases of lost and stolen card fraud with a total loss of £51.9 m. How many people pay by card? My guess is at least 20 million. (75% use mobile banking, but perhaps not necessarily for all in person payments.) As a round number, there are 500,000 lost and stolen card fraud cases per year. Your average time between losing money as a result of having your card lost or stolen works out to at least 20 million / 500,000 = 40 years. You will be unlucky if happens to you more than once in a lifetime. The average loss is about £200, but you do not have to keep that much in your account. The bank should compensate you anyway.

Chief_of_Staffy

The trouble is, an increasing number of of people presume that the more technology is involved, the better the experience. That's why so many actually believe that paying for, maintaining and carrying around smartphones, downloading and updating apps, sharing their personal data and undergoing multiple security checks to spend their own money is easier than handing the cashier fifty quid.

Rob5342

I find it fast easier just tapping my phone and having an app that shows my remaining balance than having to count out cash and keep track of how much I hsve left all the time. It also means if i have any spare money I can easily put it in my savings which would be difficult to do with cash. 

Eyeful

Rob5342 said:

I find it fast easier just tapping my phone and having an app that shows my remaining balance than having to count out cash and keep track of how much I hsve left all the time. It also means if i have any spare money I can easily put it in my savings which would be difficult to do with cash. 

1. I find it faster & easier to just tap my credit card at the till.
2. I pay it off in full at the end of the month. It  provides me with a list of what I spend and where. 
3. It means the money i would have spent during that month is put into a savings account earning me interest.
4. Therefore, I have no need to buy and carry around a smartphone.
5. I also get with the credit card, protection under section 75, for spends over £100 and under £30,000..

Rob5342

Eyeful said:

Rob5342 said:

I find it fast easier just tapping my phone and having an app that shows my remaining balance than having to count out cash and keep track of how much I hsve left all the time. It also means if i have any spare money I can easily put it in my savings which would be difficult to do with cash. 

1. I find it faster & easier to just tap my credit card at the till.
2. I pay it off in full at the end of the month. It  provides me with a list of what I spend and where. 
3. It means the money i would have spent during that month is put into a savings account earning me interest.
4. Therefore, I have no need to buy and carry around a smartphone.
5. I also get with the credit card, protection under section 75, for spends over £100 and under £30,000..

You can add a credit card to Google or Apple pay, so the main differences are just the mechanism at point of payment and whether you want to be able to see your spends as you go or have to wait until you get home.. 

Eyeful

Rob5342 said:

Eyeful said:

Rob5342 said:

I find it fast easier just tapping my phone and having an app that shows my remaining balance than having to count out cash and keep track of how much I hsve left all the time. It also means if i have any spare money I can easily put it in my savings which would be difficult to do with cash. 

1. I find it faster & easier to just tap my credit card at the till.
2. I pay it off in full at the end of the month. It  provides me with a list of what I spend and where. 
3. It means the money i would have spent during that month is put into a savings account earning me interest.
4. Therefore, I have no need to buy and carry around a smartphone.
5. I also get with the credit card, protection under section 75, for spends over £100 and under £30,000..

You can add a credit card to Google or Apple pay, so the main differences are just the mechanism at point of payment and whether you want to be able to see your spends as you go or have to wait until you get home.. 

1. But I  would still need to 
(a) buy the smart phone
(b) set up & use security
(c) pay the "monthly plan charge" or "pay as you go charge"
(d) carry the phone with me  which weights a lot more than my card.
(e) buy another smartphone, when it stops getting security updates
(f) buy another phone if it gets stolen or else pay for insurance to replace it.

None of these things apply when I just pay with my credit card.


2. I know what I spend before I get home. The shop gives me a thing called a paper receipt.
Do you remember them?. 

3. Watching many of those that pay with their smartphones, they all take longer than I do by just tapping my card.

Rob5342

Yes, you are paying for the convenience, the same applies to buying a car, washing machine, television, laptop etc. 

I do remember paper receipts, and I also remember people writing to newspapers instead of writing posts on Internet forums. I find having a searchable list in one place more convenient. 

I find it quicker to tap my phone, especially at I'll have it out anyway to scsn the loyalty app. 

Overall i find it vastly more convenient to pay with my phone or watch, but I do find it odd that that people go out with just their phone and no cards. I always carry cards as a backup in case my battery goes flat etc. 

Eyeful

Rob5342 said:

Yes, you are paying for the convenience, the same applies to buying a car, washing machine, television, laptop etc. 

I do remember paper receipts, and I also remember people writing to newspapers instead of writing posts on Internet forums. I find having a searchable list in one place more convenient. 

I find it quicker to tap my phone, especially at I'll have it out anyway to scsn the loyalty app. 

Overall i find it vastly more convenient to pay with my phone or watch, but I do find it odd that that people go out with just their phone and no cards. I always carry cards as a backup in case my battery goes flat etc. 

1. Thank you. I forgot about the battery running out and the cost involved in recharging the phones battery!

2 .As you also have your card with you, can you expand just why it is vastly more convenient to pay by phone and not card. This is something I have yet to understand.

3. My watch just tells me the time, date and month. Its just a cheap £19 Casio, that lights up in the dark.

4. We appear, to have different ,income levels, and life styles.