On Sat, 25 Feb 2017 19:16:49 +0000
Neil Williams wrote:
On 2017-02-25 18:59:08 +0000, d said:
Gotta love contactless. Chip and pin arrives - there being a damn good reason
for the PIN - then the banks decide they'll get more transactions if they
remove the PIN and pretend its not really needed after all. So why do I
need one if I put the card in the slot but not if I use contactless? What
exactly is the qualitative difference? Answer: there isn't one.
There's a *quantitative* difference, namely the £30 cap, and the fact
that if you do more than N transactions in a row the PIN will be called
for.
For various values of N.
Yes, thieves could nick a wallet and go around spending about 5 x £30
(£150) with it before they had issues. But that's not going to, er,
break the bank. And if it did happen, the end customer is not liable.
Oh sure. All you have to do is get a crime number from plod then sit on an
0845 number going through half a dozen menus to eventually get through to
some gimp from india who you need to convince that you're not trying to
commit fraud. And then you might get your money back next week. Great so
long as you don't need it in the meantime.
It's basically making cards more of an effective replacement for cash,
and I encourage that, as cash is a faff (and encourages the black
market etc).
In what universe is cash a faff??
--
Spud