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I wonder if it would be secure enough/cheaper to retrofit these pumps with NFC readers.

• bonestamp2 11y ago
  When I lived in Canada almost 10 year ago, most pumps have contactless readers... so if Canada can do it then it's probably doable here. (It wasn't NFC exactly, but similar technology)
  • braythwayt 11y ago
    Canada has an oligopoly of banks, so there are things Canada can do that seem to be difficult for the US, and vice versa. In this case, when all five banks decided to go to pin-enabled credit cards, they just did it. Retailers were given a certain amount of time to switch over, “or else.” There are few alternatives, so the entire country moved forward. Whereas, south of the 49th parallel, there is all kinds of competition for credit cards and for merchant services, so if a few banks don’t feel like sending out cards with chips an PINs, they don’t. And if a few retailers don’t want to go to the expense of upgrading their systems, they don’t have to. On the flip side... There is nearly zero Apple Pay up here.
• jon-wood 11y ago
  Almost all recent snack vending machines in the UK support contactless payment. if it's economical to do for £0.50 snacks, it'll work for fuel pumps.
  • ctz 11y ago
    Current contactless payments are limited to transactions of £30 or less. That rules it out for 99% of fuel transactions.
    • knughit 11y ago
      Hah, foiled by gas taxes!!
    • jon-wood 11y ago
      However the same technology would allow chip and pin transactions with the addition of a keypad, if only the US hadn't gone for the ridiculous chip and signature nonsense.
• walshemj 11y ago
  NFC is limited in the amount you can charge and what's to stop the bad guys fitting their own nfc and taking $5bucks. Some one has demoed a proof of concept system that you could hide in a back pack and walk through a crowded train/tube station and harvest small sums from hundreds of people.