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Are contactless payments safe?

30
Jul
2015
Are contactless payments safe?

payments

“Your total is $12.95,”says the cashier at the local supermarket. I take out my wallet to perform a familiar tap on the POS terminal, wait a second, then hear the beep and – voila! – the transaction is successful!

A contactless bank card is super-convenient. You don’t need to swipe your card, recall the PIN, put a signature with a crappy pen, and that doesn’t take the acts of taking out the wallet, searching for cash or fishing for coins in the depths of the pocket. Just a tap – and you are good to go.

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