I can just imagine a guy walking around with a magnetic pulse generator.
Just stealing tens of hundreds of credit cards by using the magnetic pulses to generate electricity for the RFID chip and reading the response from the chip.
A virtual pick pocketeer. They just need to stand next to you with a mobile phone type device and pretend to be a long sighted phone user reading text.
Except the information stored on the contact-less does not link the card to any personal details; that's done off-site. You would get the card contact-less ability, but not any details needed to steal much more than the pitiful amount you could with just the contact-less RFID info (Contact-less has limitations on the value of the transaction before requiring a pin number, and also, apparently, uses random pin number screening as an additional security measure). It is, pretty much, not worth the effort.
All in all, contact-less does seem a bit...pointless.
Do barclays still force you to use their crappy "security" calculator like thing when you do online banking?
Do barclays still force you to use their crappy "security" calculator like thing when you do online banking?
In Hong Kong, they have the Octopus card..............
It is convenient, saves time, and save hassle in a lot of ways. But you are also shafted if you lose it.
Meh, I'll stick to LTSB without no need for machines service
If they ever try to introduce one I'd actually move banks to one that didn't force me that BS