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Originally Posted by mertle
true they blame costs for not implenting the tech but for what fraud costs surley it would balance. Now would love to see the figures of implenting to fraud costs. Not forgeting it would be bank v bank totals.
I glad mine at moment not one these but believe others barcleys got plans it stupid.
You can stand near them get apps on devices which will scim them just by standing next to someone as long the persons wallet near the it will read it.
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It shouldn't really be a big cost issue. Many of the merchant services and gateways already request far more information than the banks actually check. The banks have the details to cross check, so it would just be a case of the banks catching up with the gateways and merchants service suppliers.