441–450 of 541 posts
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I rarely use chip and pin any more. Contactless is everywhere. The UK is the most advanced in this regard, though.
Is the UK most advanced? In Australia they can pay for anything up to $100 with tap. Over $100, they can still tap, but then need to enter their PIN into the terminal (i.e. no need to insert the card for PIN entry – a tap is sufficient). We don't have that in the UK.
In the UK cards moved to 'chip and pin' in 2006! Fraud in a 'customer present' scenario is very low at our stores. The last fraud in fact was a foreign card that didn't support chip and pin. I can't believe Visa and MasterCard have not made it mandatory world wide... ...except card fraud lossed are recharged to the merchant so perhaps they don't care? Out of interest there is a special exception for disabled people w…
I was just looking for a chip-and-pin card that I (as an American) could get for traveling to the UK and apparently there really isn't much out there. I think all of the US cards that support chip and pin prioritize signature over pin. I also found this Visa page explaining that PIN isn't used in the US because it's too expensive: https://usa.visa.com/visa-everywhere/security/the-cost-of-pi...
It turns out that a signature on a bank check means nothing. Neither does the payer name on the check. Not the amount in cursive. Nor does the check paper. The only things that are checked are the digits of the amount, and the account number. The rest of the check can be complete garbage, and the check will go through and the bank will pay it. Then the banks will blame you, the account holder. I learned this the hard…
It amazes me that cheques are still used. I'm 36 and I've never issued a cheque, I think I was issued a cheque book with my first account but never used it.
Signatures haven't been required for credit cards in many other countries for quite some time now. I have often wondered why the US has historically lagged behind for everyday banking. (e.g. email money transfers, chip enabled cards, pin number verification, tap to pay)
Just what does the CC system offer over debit?
In the UK cards moved to 'chip and pin' in 2006! Fraud in a 'customer present' scenario is very low at our stores. The last fraud in fact was a foreign card that didn't support chip and pin. I can't believe Visa and MasterCard have not made it mandatory world wide... ...except card fraud lossed are recharged to the merchant so perhaps they don't care? Out of interest there is a special exception for disabled people w…
"The last fraud"? Are frauds so rare that it's meaningful to talk about the last one?!
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Can I submit that with my expense report to get reimbursed for my business expenses?
Sure and in time you will be able to. It's going to take time for payments to all go digital but they will. Whipping out your phone and swiping it and then your done is way quicker and easier then the current payment UX we are doing now.
Even if they were itemized, I question if my company would accept it over the "official" receipt. Anyway, in this case you are just talking about moving to digital receipts, which is surely convenient, but its not "go[ing] the way of the dodo bird," it's "going digital."
The current failure rate of mobile payments is currently much too high for me, personally, to move them them. I love the idea in theory but currently the execution is poor. Its just embarrassing for me to be standing there fiddling around with my phone for 60 seconds so its not even worth attempting when I know my credit card will always work.
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> Alternatively, I can fiddle with my phone, get it to recognize me, hope it works, etc. which--even if it doesn't always take longer--is certainly less deterministic while the person behind me is probably going through their own version of the internal sigh I have when the person in front of me is fiddling with some non-routine payment method. I don't recognise this at all. Pull phone out of pocket, touch the finger…
Pull phone out of pocket, touch the reader, nothing happens. Theory 1: I’m not touching the reader in the right place. Maybe the sensor is on this side or that. Try hovering the phone all over the POS box. Theory 2: Maybe my phone is not working. Try waving it around again while cashier has this “get your shit together” look on his face. Pull out CC. Theory 3: The reader supports NFC but not ApplePay, so now I’ve was…
1) You've never unlocked your phone before? How weird.
2) How broken is your phone? Never had this issue (I use android pay multiple times per day)
3) This is unusual, to the point of not being a thing here - Applepay is compatible with contactless EMV, as is Android Pay and there's basically nothing to be done at the merchant end to support it.
4) Of course there's a way to tell, they all have the four lights at the top, either physically or on-screen, plus there's the contactless logo the display on-screen.
These imagined impediments are hilarious though, you should have a sketch show.
I've been drawing a horizontal line, sometimes with a slight arch, for years now. I almost never get a reaction and when I do, it is at most a laugh or giggle. Nobody cares (not that they should). Anything I scrawl is (more or less), by fiat, my signature . I'm glad we can finally stop wasting time (and resources, for physical signatures). This is especially fun with e-signatures in California: “Electronic signature”…
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Pull phone out of pocket, touch the reader, nothing happens. Theory 1: I’m not touching the reader in the right place. Maybe the sensor is on this side or that. Try hovering the phone all over the POS box. Theory 2: Maybe my phone is not working. Try waving it around again while cashier has this “get your shit together” look on his face. Pull out CC. Theory 3: The reader supports NFC but not ApplePay, so now I’ve was…
Never had any of this happen, it's quicker and easier than even using contactless credit cards for me. And it's becoming really commonplace in the UK. 1) You've never unlocked your phone before? How weird. 2) How broken is your phone? Never had this issue (I use android pay multiple times per day) 3) This is unusual, to the point of not being a thing here - Applepay is compatible with contactless EMV, as is Android P…