This is [i]so[/i] unsafe. I'd rather use another 10 seconds of my life and enter my pin than risk someone grabbing my card and being able to use it at their pleasure.
I don't have a contactless card yet, but I do want one. They just look so damn convenient.
Gone are the days when people get pissed off at you for paying via card which is a lengthy process when they have cash in hand waiting.
[QUOTE=Conna;48592995]This is [I]so[/I] unsafe. I'd rather use another 10 seconds of my life and enter my pin than risk someone grabbing my card and being able to use it at their pleasure.[/QUOTE]
There's a lot worse that can be done with a stolen card than use it for contactless transactions, like using it online where the maximum limit is far higher than £30.
[QUOTE=Wiggles;48593717]There's a lot worse that can be done with a stolen card than use it for contactless transactions, like using it online where the maximum limit is far higher than £30.[/QUOTE]
Agreed.
If you lose your card the best thing to do is to just tell your bank. I've lost my card like 10 times in my life and they've never batted an eyelid, just replaced it for free every time. Don't hesitate, just tell 'em and you'll get your card in the next few working days.
If you need any money out you can bring some ID and they'll be able to give you some money from your account to last until your card arrives.
[QUOTE=benbb;48593854]
If you need any money out you can bring some ID and they'll be able to give you some money from your account to last until your card arrives.[/QUOTE]
Or just have 2 cards. One for taking with you, another one as backup.
[QUOTE=itisjuly;48594077]Or just have 2 cards. One for taking with you, another one as backup.[/QUOTE]
That's if you have 2 accounts, a credit/debit or your bank lets you.
I'm hoping Android Pay/Apple Pay/Samsung Pay take off well.
[QUOTE=benbb;48594097]That's if you have 2 accounts, a credit/debit or your bank lets you.
I'm hoping Android Pay/Apple Pay/Samsung Pay take off well.[/QUOTE]
What do you mean or your bank lets you? Your bank doesn't let you have 2 or more cards on one account?
[QUOTE=itisjuly;48594428]What do you mean or your bank lets you? Your bank doesn't let you have 2 or more cards on one account?[/QUOTE]
I've never tried to be honest.
I'm on a basic account for 17yr olds. Need to upgrade to a student one now I'm 18 and off to uni.
[QUOTE=benbb;48594097]That's if you have 2 accounts, a credit/debit or your bank lets you.
I'm hoping Android Pay/Apple Pay/Samsung Pay take off well.[/QUOTE]
If I'll ever have a wife I'm pretty sure she'd like to have some money to spend at any possible time. At least it happened to my mom that she needed to buy medicine but didn't have a card fr the account of my dad so yeah that has to suck
[QUOTE=benbb;48593675]I don't have a contactless card yet, but I do want one. They just look so damn convenient.
Gone are the days when people get pissed off at you for paying via card which is a lengthy process when they have cash in hand waiting.[/QUOTE]
How different is it in the UK? Cause in the US it probably takes you like less than 10 seconds to buy something with a card. You swipe it, put in a pin or hit the credit button, hit yes on a pin pad, and you're done.
[QUOTE=benbb;48594656]I've never tried to be honest.
I'm on a basic account for 17yr olds. Need to upgrade to a student one now I'm 18 and off to uni.[/QUOTE]Sounds really weird if you can't have a 2nd card. I have 3(1 for taking with me, 1 for online shopping and 1 for backup) and no issues what so ever.
[QUOTE=itisjuly;48595350]Sounds really weird if you can't have a 2nd card. I have 3(1 for taking with me, 1 for online shopping and 1 for backup) and no issues what so ever.[/QUOTE]
How does that work with losing it? Can you cancel them individually?
[QUOTE=Conna;48592995]This is [i]so[/i] unsafe. I'd rather use another 10 seconds of my life and enter my pin than risk someone grabbing my card and being able to use it at their pleasure.[/QUOTE]
How it works with my bank in the Netherlands is that contact-less transactions under €20 don't require a PIN to a total of €50 consecutively, or a single transaction over €20, at which point you're required to input your PIN again, until you hit over €20 in one transaction or €50 in consecutive transactions. The limit resets upon a normal PIN transaction as well, so any time you input your PIN it resets. As well all contact-less transactions are insured by the bank, which normal PIN transactions are not, so it's actually less unsafe.
[QUOTE=Higginz511;48595308]How different is it in the UK? Cause in the US it probably takes you like less than 10 seconds to buy something with a card. You swipe it, put in a pin or hit the credit button, hit yes on a pin pad, and you're done.[/QUOTE]
Most commonly, you stick your card in and depending on the machine (some can take up to 20-30 seconds to register) then you enter your pin and again depending on the machine you could wait another 10-20 seconds and then you remove your card and then await a receipt. However most card machines are relatively fast such as McDonald's takes around 20-30 seconds for the whole process but some take forever.
[QUOTE=Higginz511;48595308]How different is it in the UK? Cause in the US it probably takes you like less than 10 seconds to buy something with a card. You swipe it, put in a pin or hit the credit button, hit yes on a pin pad, and you're done.[/QUOTE]
Tell cashier you want to pay with card, they hand over the chip + pin machine, insert card, wait 5 seconds for the card to be read, insert pin, press enter, depending on the connection to the payment gateway (often done via mobile signals or telephone so slow) wait for payment to process which takes around about 10 seconds, wait for mandatory receipt to print. Remove card, give back chip + pin machine.
Takes a while compared to cash.
[QUOTE=benbb;48595596]Tell cashier you want to pay with card, they hand over the chip + pin machine, insert card, wait 5 seconds for the card to be read, insert pin, press enter, depending on the connection to the payment gateway (often done via mobile signals or telephone so slow) wait for payment to process which takes around about 10 seconds, wait for mandatory receipt to print. Remove card, give back chip + pin machine.
Takes a while compared to cash.[/QUOTE]
This is accurate, but more than often, personally I come across some shops where it just takes forever, the only fast machines I've come across are at fast food places or supermarkets.
Even the best regular card machine is never going to compete with contactless on speed and convenience, literally takes like 1 second
[QUOTE=benbb;48595596]Tell cashier you want to pay with card, they hand over the chip + pin machine, insert card, wait 5 seconds for the card to be read, insert pin, press enter, depending on the connection to the payment gateway (often done via mobile signals or telephone so slow) wait for payment to process which takes around about 10 seconds, wait for mandatory receipt to print. Remove card, give back chip + pin machine.
Takes a while compared to cash.[/QUOTE]
With cash they have to count it, I'm pretty sure they both take about the same amount of time.
[QUOTE=smurfy;48596173]Even the best regular card machine is never going to compete with contactless on speed and convenience, literally takes like 1 second[/QUOTE]
I'd rather sacrifice speed for safety, especially when it's literally just a 20 second difference.
A lot of banks have no customer liability, at least around where I live. So really there's no danger to the card holder. Assuming I understand how it works correctly
That is a low limit in comparison to Australia. Our contactless limit is $100AUD which is about £62.
[QUOTE=squids_eye;48596560]I'd rather sacrifice speed for safety, especially when it's literally just a 20 second difference.[/QUOTE]
People keep saying this but what is less safe about it?
[QUOTE=Cold;48597232]People keep saying this but what is less safe about it?[/QUOTE]
Anyone who found or stole your card could spend the limit without any verification required. However if you're lucky enough to notice the second your card is gone, you can tell the bank and they would block it.
[QUOTE=AncientFryup;48598528]Anyone who found or stole your card could spend the limit without any verification required. However if you're lucky enough to notice the second your card is gone, you can tell the bank and they would block it.[/QUOTE]
But you're not liable, the bank covers it..
The higher the limit, the more of a target it becomes for thieves and muggers. Whether I pay or the bank does is irrelevant to them.
[QUOTE=squids_eye;48595429]How does that work with losing it? Can you cancel them individually?[/QUOTE]Of course. You call up bank and tell them which card you want cancelled. Or you can log in from e-bank and cancel it online. Each card acts as it's own thing, besides them all using money from same account.
[QUOTE=benbb;48593854]Agreed.
If you lose your card the best thing to do is to just tell your bank. I've lost my card like 10 times in my life and they've never batted an eyelid, just replaced it for free every time. Don't hesitate, just tell 'em and you'll get your card in the next few working days.
[/QUOTE]
Hell it feels like I'm loosing mine every few months :/ I'm pretty careless with it.
Interesting story, I once lost my bank card, and called my bank to replace it. While on the phone to them on hold, I found it. So hung up ( i hadn't got through to someone yet ). Looking at the card I found more closely, I realised it wasn't even my current card, it was a previous one I had lost... I then got back on the phone to them to cancel my card, and while I was on hold i found another card. Long story short, it still wasn't my current card. Somehow both of these previous lost cards had ended up under my keyboard. So I still had to call up and cancel my current card.
On topic however, I agree. If you loose your bank card, you shouldn't be needing to worry about people drawing out £30 a day. You should be on the phone ASAP cancelling it.
[QUOTE=AncientFryup;48598528]Anyone who found or stole your card could spend the limit without any verification required. However if you're lucky enough to notice the second your card is gone, you can tell the bank and they would block it.[/QUOTE]
Can't you just shop online with all the info that's written on the card anyway?
I wonder when someone's gonna make an electronic card that has tiny thin screens, and to see the numbers you have to use a phone app or something.
I know my card number by heart, so it wouldn't even be an inconvenience for the user.
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