Along comes this

 

http://www.barclays.co.uk/Helpsupport/Barc.../P1242561764200

 

 

Wtf is this $h!t ? it is an absolute thieves charter, no need to sign or use a PIN number :rolleyes: someone steals our card they can use under £15 all over the place without having to enter a PIN, just swipe it oyster style

 

Utter retardation :rolleyes:

This is one of the things they say under the security heading

 

Can someone steal my Contactless debit card and use its technology to empty my bank account?

In a word, no. If someone makes several Contactless payments in a row, they'll be prompted to enter the card's PIN for security validation purposes. Contactless transactions are further protected by the fact that they can only be made on items totalling £15 or less. For transactions above that amount, the payee will be asked to make a Chip & PIN payment in the usual way.

Do look after your card and keep your pin secure but if your card does become lost or stolen, let us know immediately and we'll cancel and replace it for you.

Remember: should you experience card fraud, provided you report your card lost or stolen or misused, and you have not acted fraudulently or without reasonable care, you will not be liable for any fraudulent transactions.

 

So, yes, it's a risk but a relatively low one because of the £15 limit. That, of course, doesn't necessarily mean I'll apply for one if my bank offers it.

This is one of the things they say under the security heading

 

Can someone steal my Contactless debit card and use its technology to empty my bank account?

In a word, no. If someone makes several Contactless payments in a row, they'll be prompted to enter the card's PIN for security validation purposes. Contactless transactions are further protected by the fact that they can only be made on items totalling £15 or less. For transactions above that amount, the payee will be asked to make a Chip & PIN payment in the usual way.

Do look after your card and keep your pin secure but if your card does become lost or stolen, let us know immediately and we'll cancel and replace it for you.

Remember: should you experience card fraud, provided you report your card lost or stolen or misused, and you have not acted fraudulently or without reasonable care, you will not be liable for any fraudulent transactions.

 

So, yes, it's a risk but a relatively low one because of the £15 limit. That, of course, doesn't necessarily mean I'll apply for one if my bank offers it.

 

if i got one of these cards there would be nothing in theory stopping someone going into HMV and buying a DVD, going into WH Smiths and buying a CD and going into a few other stores until asked to enter the PIN, apparently these cards are becoming compulsary for Barclays customers soon so Lloyds TSB (my bank) are bound to follow suit

I have one of these! ^_^

 

Barclays actually have an incredible fraud prevention system.

 

Card fraud is usually committed by purchasing large items not CD's DVDs etc plus, HMV and Smiths don't have contactless technology etc.

 

Currently these are the only places you can use it are: EAT, Pret à Manger, Caffé Nero, Yo Sushi!, Coffee Republic, Books Etc, the National Trust, Barnardo's and Threshers

 

I can really see a credit card theif stopping at Pret á Manger for a croissant and a latte

if it ain't broke don't fix it, the current chip and pin system is fine, doesn't need replacing and is much more secure

if it ain't broke don't fix it, the current chip and pin system is fine, doesn't need replacing and is much more secure

1 - Is there actually a source that it's going to be compulsory?

2 - If not, then it's down to that treasured tenet of the free market, choice, so I don't see what you're complaining about.

1 - Is there actually a source that it's going to be compulsory?

2 - If not, then it's down to that treasured tenet of the free market, choice, so I don't see what you're complaining about.

 

A friend of mine was given one of these by Barclays he asked for a normal debit card only to be told they were being replaced by these

Mine is a contactless Credit Card, not Debit.

 

AFAIK Craig is actually right for once. It's rare it happens, but he's totally correct in saying Barclays are rolling out contactless technology. It's actually a thing that Visa are pushing rather than the actual bank.

Thinking about it though, it isn't too much of an issue - it's the equivalent of having about £60 in your wallet, and just as likely to get stolen. I think they ought to provide choice on the matter but by the sounds of it it's more something the payment company are pushing for...

Barclays actually started issuing these in March 2009! We seem to be a bit behind the times :lol: As Tyron says, the amount that could be lost of the card is stolen is relatively low and may even be refunded by the bank so perhaps it's not as daft an idea as it sounds at first. The lack of choice is still a bad thing though.