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If they don't mess up the implementation then it would appear to be more secure than traditional cards. Especially in places like Africa (I assume) and the US w
by alexhawdon 12y ago
If they don't mess up the implementation then it would appear to be more secure than traditional cards. Especially in places like Africa (I assume) and the US where Chip and Pin has yet to be rolled out.
I appreciate the point you're making in that stealing this one card is equivalent to stealing a whole wallet-full. But isn't it usually the case that you lose the whole wallet in one go?
- lennel 12y agoThe difference is when I travel I don't take all my cards out with me, I would leave at least 2 backups in the hotel safe and another at home which can get sent to me in an emergency. Realistically imitating this behaviour on such a device probably won't happen.
- porsupah 12y agoActually, according to this worldwide map of card and terminal EMV deployment, Africa/ME had chip & pin tech, as of Q4 2013, in 38.9% of cards and 86.3% of terminals. http://www.emvco.com/images/EMVCo_WorldMap-9-2014.png http://www.emvco.com/images/EMVCo_WorldMap-9-2014.png The other regions are: (Region/percentage of cards/percentage of terminals) Americas (excluding USA): 54.2 84.7 Europe: 81.6 99.9 Australasia: 17.4 71.7 Russia: 24.4 91.2
- alexhawdon 12y agoThat's fantastic! Thanks for the information and apologies for making assumptions (dangerous things!).