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Credit card companies aren't requiring it until October 2020 (after this point, the retailer will be held responsible for fraud if they don't have contactless r

Credit card companies aren't requiring it until October 2020 (after this point, the retailer will be held responsible for fraud if they don't have contactless readers installed) https://business.hughes.com/resources/blog/outdoor-emv-liability-shift-train-wreck-we-will-all-see-coming https://business.hughes.com/resources/blog/outdoor-emv-liabi...

nulbyte 7y ago
EMV is not synonymous with contactless, though that feature is part of most, if not all, EMV terminals. Nonetheless, it is optional. The liability shift requires you support EMV, but doesn't require you support contactless.
- ceejayoz 7y ago
  And as such, doesn't really protect you. The merchant may use the chip for the transaction, but the card numbers and PIN are still capturable via a camera.
  - Symbiote 7y ago
    It then becomes much easier for the bank to deny transactions that don't use the chip. Swiped transactions become suspicious.
    - ceejayoz 7y ago
      Sure, if the victim never purchases anything online.
      - Nextgrid 7y ago
        You are not liable for card-not-present fraud (without 3D-Secure) so feel free to dispute the transaction and get your money back.
        ceejayoz 7y ago
        I'm well aware of the recourse available. It's still not much fun having to go through all of one's subscriptions and saved payment methods, and it costs us all in the aggregate. Repeatedly compromised cards can get your bank to consider you too much of a risk, as well. The solution is quite simple: require contactless payments be accepted at the pump.
Marsymars 7y ago
Too late to edit, but I guess I should have mentioned that I'm in Canada so chip + PIN is the standard, gas stations I go to typically have neither swipe nor contactless available.
- simonlc 7y ago
  I don't think most places let you swipe anymore anyway. But yeah, I'm also wondering why there are no contactless cards here. Probably the most annoying part of gassing up is getting all your cards out to get rewards, etc, putting your info in and how much gas you want.
closeparen 7y ago
They did this for chip years ago, and even brand new gas pumps are swipe only.
- deleted 7y ago
  [deleted]

nulbyte 7y ago

EMV is not synonymous with contactless, though that feature is part of most, if not all, EMV terminals. Nonetheless, it is optional. The liability shift requires you support EMV, but doesn't require you support contactless.

ceejayoz 7y ago
And as such, doesn't really protect you. The merchant may use the chip for the transaction, but the card numbers and PIN are still capturable via a camera.
- Symbiote 7y ago
  It then becomes much easier for the bank to deny transactions that don't use the chip. Swiped transactions become suspicious.
  - ceejayoz 7y ago
    Sure, if the victim never purchases anything online.
    - Nextgrid 7y ago
      You are not liable for card-not-present fraud (without 3D-Secure) so feel free to dispute the transaction and get your money back.
      - ceejayoz 7y ago
        I'm well aware of the recourse available. It's still not much fun having to go through all of one's subscriptions and saved payment methods, and it costs us all in the aggregate. Repeatedly compromised cards can get your bank to consider you too much of a risk, as well. The solution is quite simple: require contactless payments be accepted at the pump.

Marsymars 7y ago

Too late to edit, but I guess I should have mentioned that I'm in Canada so chip + PIN is the standard, gas stations I go to typically have neither swipe nor contactless available.

simonlc 7y ago
I don't think most places let you swipe anymore anyway. But yeah, I'm also wondering why there are no contactless cards here. Probably the most annoying part of gassing up is getting all your cards out to get rewards, etc, putting your info in and how much gas you want.

closeparen 7y ago

They did this for chip years ago, and even brand new gas pumps are swipe only.

deleted 7y ago
[deleted]