Cashless society......problem for many.
- Thread starter Dave7
- Start date
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marzjennings
Legendary Member
- Location
- Houston, Texas, USA
Nearly got caught out by cashless only today. Forgot my wallet and needed lunch but remembered the secret £10 squirrelled away in my pannier for just such an event. Tried Two cafes that were card only! Fortunately Spar still took cash. Think my back up might have to be google pay or something in the future
Cash is still very much in use over here with a couple of stores who tried to go cashless being informed they can't. Banking over here is decades behind the UK. Only recently have I seen contactless in the local super market, and every now and then I still get stuck behind someone filling out a cheque. For a for years, up to 2019, I would routinely p!ss of check out staff in the UK when I travelled home with a US credit card. No chip, no pin and yes I need to swipe it and sign something. They would spend ages looking for the chip and be stunned to discover nowt.
So I can't cashless being a thing in the US for a while.
Drago
Legendary Member
- Location
- Suburban Poshshire
More evidence of the ibones vulnerability to fraud...
https://www.dailymail.co.uk/news/ar...e-allows-crooks-make-contactless-payment.html
Forgive the source. It popped up in my feed and would normally be ignored, but as it was kinda relevent...
https://www.dailymail.co.uk/news/ar...e-allows-crooks-make-contactless-payment.html
Forgive the source. It popped up in my feed and would normally be ignored, but as it was kinda relevent...
- Location
- Somewhere wet & hilly in NW England.
There is always one bad apple....
DRHysted
Guru
- Location
- New Forest
That may explain why my bank has withdrawn its Visa cards and issued Mastercard.
400ixl
Active Member
- Location
- Norwich, Norfolk
The vulnerability is only for a specific circumstance that you have to have opted into, which reduced the security level anyway. Probably the only people who would have done this are those using the Underground daily and don't want to have to unlock the phone when they want to tap in / out. This is no less vulnerable that having your contactless card outside of an RFID blocking wallet (which is most people). The issue is that they can go above the limit of contactless.
Just remove the travel express opt in and the vulnerability is gone. Apple Pay, Samsung Pay and Google Pay are all more secure than using contactless provided you don't use this feature on Apple Pay. It isn't the reason some banks are changing from Visa to Mastercard.
Some banks do also allow you to switch off functions of debit / credit cards. For example with Starling you can switch off contactless, the ability to swipe, to use in a cashpoint, use online etc within the app pretty much instantly. If you are totally paranoid then this is a good option for you.
Just remove the travel express opt in and the vulnerability is gone. Apple Pay, Samsung Pay and Google Pay are all more secure than using contactless provided you don't use this feature on Apple Pay. It isn't the reason some banks are changing from Visa to Mastercard.
Some banks do also allow you to switch off functions of debit / credit cards. For example with Starling you can switch off contactless, the ability to swipe, to use in a cashpoint, use online etc within the app pretty much instantly. If you are totally paranoid then this is a good option for you.
nickyboy
Norven Mankey
- Location
- You want hills? We got hills
Vancouver is at the sharp end of financial innovation. A decentralised finance business I work with is based there.
It's interesting that just across the border it's like going back in time with people using cash and, I really can't imagine anything much less "Defi", cheques
Illaveago
Guru
- Location
- Chippenham,Wiltshire.
My wife lost her purse yesterday and was able to go to the bank and get our credit cards cancelled once she discovered it was missing .
What would happen in a similar situation if a handbag and mobile phone were stolen and there wasn't a bank nearby ?
What would happen in a similar situation if a handbag and mobile phone were stolen and there wasn't a bank nearby ?
400ixl
Active Member
- Location
- Norwich, Norfolk
For a good number of people they would just block the cards in their online banking or god forbid just call their bank and do it that way. For the phone, set up correctly it could be remote wiped, or most likely it would be done by the finder getting the authentication wrong or doing it to resell it.
The last place I would want to have to go for this is a physical bank branch.
The last place I would want to have to go for this is a physical bank branch.
Andy in Germany
Guru
- Location
- Rottenburg am Neckar
Tangentially connected: I encountered the first self service I've seen in Germany this week, with a big sign over it saying you could pay in cash, because well, this is Germany...
Stephenite
Membå
- Location
- OslO
Get her a Garmin.My wife lost her purse yesterday and was able to go to the bank and get our credit cards cancelled once she discovered it was missing .
What would happen in a similar situation if a handbag and mobile phone were stolen and there wasn't a bank nearby ?
- Location
- Somewhere wet & hilly in NW England.
My wife lost her purse yesterday and was able to go to the bank and get our credit cards cancelled once she discovered it was missing .
What would happen in a similar situation if a handbag and mobile phone were stolen and there wasn't a bank nearby ?
And if she didn't happen to be near a bank?
ebikeerwidnes
Guru
- Location
- Z’ha’dum
Went to the local market yesterday for some stuff
very few shops had any payment method other than cash
went to a few small shops on the high street and several have a sign in the window saying cash only
ALl the big shops and high volume places (like most takeaways) take cards - but many still don't
Although quite a few started due to pandemic fears - they found people preferred not using cash others had handled
maybe we are just backward!!!!
very few shops had any payment method other than cash
went to a few small shops on the high street and several have a sign in the window saying cash only
ALl the big shops and high volume places (like most takeaways) take cards - but many still don't
Although quite a few started due to pandemic fears - they found people preferred not using cash others had handled
maybe we are just backward!!!!
Illaveago
Guru
- Location
- Chippenham,Wiltshire.
yes precisely!
