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I think this might be too late, all the banks have launched contactless cards themselves. It may be convenient to have them in your phone (irregardless of any s
by orf 11y ago
I think this might be too late, all the banks have launched contactless cards themselves. It may be convenient to have them in your phone (irregardless of any security risks), but I mean if you already have a contactless card, what's the point?
- slowmotiony 11y agoIn Poland, people use NFC (PayPass) for years now. People use it everywhere, from little kiosks or local grocery shops to major chain stores. You can even buy yourself a public transportation ticket by swiping your card against a machine inside the tram or bus in some cities. To pay with your phone, some banks were issuing little NFC stickers that people put on their phonecases. It worked perfectly. Android Pay could have been a really great thing - had it launched 5 years ago.
- viraptor 11y agoThe NFC stickers are not the same thing though. Commbank in Australia does both (paypass in their own app and a sticker). The sticker is always exposed, works with one account only, and doesn't even require authentication. With the app, I can select which account to use, see how much money I have on it, then authorize with pin and pay. I know some people may prefer the sticker only, but I find the app much better.
- the_mitsuhiko 11y agoNot sure how it's in Australia but here (Austria) NFC requires a PIN confirmation for payments above 25 EUR or every third wave payment.
- dgoujard 11y agocontactless card are less secure than an tokenized mobile app because contactless card send you credit card number with NFC without encryption. Tokenized app send one time credit card number. http://www.planetbiometrics.com/creo_files/upload/article-files/apple_pay_-_what_do_we_know.pdf http://www.planetbiometrics.com/creo_files/upload/article-fi... http://arstechnica.com/business/2015/05/android-pay-will-embrace-tokenization-mostly-replace-google-wallet/ http://arstechnica.com/business/2015/05/android-pay-will-emb... http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/12061474/Contactless-cards-spark-security-fears.html http://www.telegraph.co.uk/finance/newsbysector/retailandcon...
- robk 11y agobut from a consumer perspective who cares? you're protected either way. i prefer to carry a single card vs my phone if i'm running in the rain and want to stop for a drink. other times if i forget my wallet the phone is great, but it's totally equal as a user.
- dgoujard 11y agoIf you got an credit card number you can brutforce the CVV number (just 3 digits). Some online merchant didn't enabled 3-D secure.
- the_mitsuhiko 11y ago> contactless card are less secure than an tokenized mobile app because contactless card send you credit card number with NFC without encryption. Only in the United States. In mainland Europe NFC has always used EMV authentication between terminal. Also as an aside: a european credit card's number alone is kinda useless.
- edent 11y agoI'm not quite sure that's the case. Using an NFC app on my phone, I was able to get my credit card's number without any issue. Also had the expiry date and a list of transactions. https://twitter.com/edent/status/724639270284189696 https://twitter.com/edent/status/724639270284189696 True, it didn't have the CV2(?) number on the back - or my address - but enough to make me buy an NFC shielded wallet.
- tonylemesmer 11y agois that info stored inside the card?
- edent 11y agoOn some, yes. My MasterCard had a list of previous transactions. I wasn't able to get anything out of my Amex.
- lmm 11y agoI'd love to be able to just carry around my phone and not a separate wallet. Particularly if I'm going clubbing in tight trousers. Getting a card out of a wallet is a fiddle compared to just tapping a phone, and a card loose in my pocket feels unsafe.
- joosters 11y agoI agree, I find Apple Pay to be far more fiddly to use than contactless. However, one advantage of the phone based payments is that they can have higher usage limits. Contactless is only allowed up to £40 (I think?) in the UK, whereas banks might allow larger payments with the security of a fingerprint-based payment.
- elthran 11y ago£30
- mpclark 11y agoUsing a phone instead of a card isn't the end of the journey, it's just a step somewhere (early) along the way. As people get used to paying for stuff using a powerful connected computer instead of a card all sorts of new possibilities will open up.
- snowwolf 11y agoMy phone is always more accessible in my pocket than a card in my wallet, so it's easier to use.
- robmcm 11y agoI used to organise my wallet so when open one side only had one card in (to prevent card clash), but I risked things falling out. My phone is normally in my hand anyway so using it is much more convenient. The only problem is it's takes 1/2 a second longer, and you don't want to look like an idiot trying to use your phone in rush hour. I wish there was a quick way to launch it when the phone was open as sometimes double tap doesn't work and you open the phone, then you have to lock it again, double tap, touchID. I would use my watch, but then you have to look like more of an idiot rotating your arm and leaning over to the reader.
- Grue3 11y agoSolution: carry a card in your pocket (not in a wallet). Surely the magnetic strip will wear down with time, but you're only using the chip anyway.