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-   -   Contactless cards and the future of cash (https://www.cableforum.uk/board/showthread.php?t=33709860)

peanut 05-03-2021 16:55

Re: Contactless cards and the future of cash
 
Crooks using card reading equipment can swipe money as you walk
They can also steal information that they can then use to steal your identity
It even possible when contactless cards were in bags and jacket pockets
The equipment needed is available for as little as £30 online

https://www.dailymail.co.uk/news/art...ng-street.html

It's old news, but with stories like this you can see why people are against the £100 limit or they are disabling the chip altogether.

Jaymoss 05-03-2021 16:59

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by heero_yuy (Post 36073147)
The only time I use cash these days is to get the daily paper.

What does annoy me is that now and then the contactless is declined and I have to put in the card and the PIN meaning I have to touch the keys that someone else has just touched.

I know it's added security but still annoying.

I carry a small bottle of 70% antibacterial hand gel and use it regularly on the few occasions I touch anything outside

---------- Post added at 16:59 ---------- Previous post was at 16:58 ----------

Quote:

Originally Posted by Pierre (Post 36073138)
Puts on Tin foil hat.......

It's all about control, the state and big finance wants to know exactly how much money you have and where, how you spend it and where.

They want to close banks and cash machines and go completely digital, dis-advantaging anyone that doesn't

Takes tin foil hat off.........

They pretty much know how much you have and where it is anyway unless you fiddle the dole or work cash in hand. Most everything else is recorded somewhere anyway

papa smurf 05-03-2021 17:00

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by heero_yuy (Post 36073219)
Given that Faraday cage wallets are available so you can control when the card is accessible.

I have one of those, had it for a few years now was only a few quid.

Jimmy-J 05-03-2021 17:28

Re: Contactless cards and the future of cash
 
I was waiting for the bus yesterday, and as soon as it appeared in the distance, I suddenly realised I'd forgotten my bus pass! Luckily, I had my contactless card and used that to pay the fare.

Mr K 05-03-2021 17:55

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by Jimmy-J (Post 36073235)
I was waiting for the bus yesterday, and as soon as it appeared in the distance, I suddenly realised I'd forgotten my bus pass! Luckily, I had my contactless card and used that to pay the fare.

I love a story with a happy ending :)

Contactless is very convenient, not sure about £100. You should be able to opt out if you're not happy with that amount or set your own limit.

jfman 05-03-2021 18:20

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by Paul (Post 36073211)
Thats enough of the your nonsense.

I'm also curious why anyone would purposely disable contactless.

I don't disagree but there is some scaremongering around readers taking contactless payments from passers by or from jackets at or near the till in a bar.

It does remind me of the once I genuinely thought I'd been scammed. £27.40, couldn't work out why.

The next day in work described my outrage to a colleague as we had been standing at the bar. This is a joke... etc. etc. My colleague replies

"Two Staropramen and 20 quid cashback?"

Suddenly it all made sense. I do more often use phone payments but not out of an inherent distrust of contactless - just I have my phone on me more often than my wallet. Like a true Scotsman.

Mad Max 05-03-2021 18:25

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by jfman (Post 36073247)
I don't disagree but there is some scaremongering around readers taking contactless payments from passers by or from jackets at or near the till in a bar.

It does remind me of the once I genuinely thought I'd been scammed. £27.40, couldn't work out why.

The next day in work described my outrage to a colleague as we had been standing at the bar. This is a joke... etc. etc. My colleague replies

"Two Staropramen and 20 quid cashback?"

Suddenly it all made sense. I do more often use phone payments but not out of an inherent distrust of contactless - just I have my phone on me more often than my wallet. Like a true Scotsman.


Had to look that up, never heard of that beer before.

jfman 05-03-2021 18:26

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by Mad Max (Post 36073249)
Had to look that up, never heard of that beer before.

It's fantastic if you can get a good draught pint of it. The Griffin in Glasgow was my haunt then although bizarrely they stopped doing it in favour of Moretti.

Hugh 05-03-2021 18:48

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by peanut (Post 36073227)
Crooks using card reading equipment can swipe money as you walk
They can also steal information that they can then use to steal your identity
It even possible when contactless cards were in bags and jacket pockets
The equipment needed is available for as little as £30 online

https://www.dailymail.co.uk/news/art...ng-street.html

It's old news, but with stories like this you can see why people are against the £100 limit or they are disabling the chip altogether.

I have notifications on my bank and credit card (x2) accounts - if a transaction happens, I get a text notification.

I’d know immediately if someone was using one of my cards.

Mad Max 05-03-2021 20:46

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by jfman (Post 36073250)
It's fantastic if you can get a good draught pint of it. The Griffin in Glasgow was my haunt then although bizarrely they stopped doing it in favour of Moretti.

Been in that pub, was a few years ago now, I think I've saved a small fortune by not being able to get out for a few beers.

papa smurf 05-03-2021 21:03

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by Mad Max (Post 36073274)
Been in that pub, was a few years ago now, I think I've saved a small fortune by not being able to get out for a few beers.

yea but you're going to make up for it;)

spiderplant 05-03-2021 21:14

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by heero_yuy (Post 36073219)
Given that Faraday cage wallets are available so you can control when the card is accessible.

If you get one, test it to make sure it works. Mrs P bought a Faraday pouch to keep the key for her new car. It was totally useless.

She now keeps the key in an old toffee tin, which works perfectly.

Sephiroth 05-03-2021 21:52

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by Hugh (Post 36073251)
I have notifications on my bank and credit card (x2) accounts - if a transaction happens, I get a text notification.

I’d know immediately if someone was using one of my cards.

Yes - I get mobile notifications of money in/out on all my bank accounts - current and savings.

newapollo 05-03-2021 23:12

Re: Contactless cards and the future of cash
 
https://www.facebook.com/videojanet/...95685727187287

Hugh 05-03-2021 23:25

Re: Contactless cards and the future of cash
 
Quote:

Originally Posted by newapollo (Post 36073301)

Thanks for that - I’ll make sure to look out for anyone pressing a contactless payment terminal against my crotch* when I’m out...

*I keep my wallet in my front trouser pocket


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