Contactless ('wave-and-pay') payment progress?
Paul Corfield wrote:
I know next to nothing about how Pay Wave / EMV card security works.
I think in a not dissimilar way to signatures but without the signature,
IYSWIM. Randomly it seems to decline and request the PIN, which I guess
would prevent someone nicking one and running up a big bill.
However EMV is used for low value transactions by a growing number of
retailers without PIN validation. I assume that whatever is deemed
reasonable for retailers would broadly be OK for bus travel given a
PAYG fare is only £1.35. You'd have to be going some to be able to
rip off anything like a large sum of money ;-)
Stagecoach Lancashire appear to be already taking them, at least on the
Lakes 555. The limit I think is 15 quid per transaction, and there may
well be an unpublished daily cap.
Neil
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Neil Williams in Milton Keynes, UK. Put first name before the at to reply.
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