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Coin

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Re: Coin

#291

Post by pbhjpbhj »

pbreit wrote: post #221
tedivm wrote: post #199

Earlier quoted context omitted.

Many credit card companies are starting to issue new cards which are completely flat, making it impossible to make imprint. My new CapitalOne card is an example of this. Is your company planning on refusing to do business with them?

Imprint was just an example. You can take a picture of it, view the CVC, etc. No one imprints anymore.

How can you prove the pictures is the card and not just 'shopped though. With an imprint there's a larger barrier, creating an embossed card, doable but a barrier nonetheless.

With credit cards, unless there was a unique image on it then you'd often be able to guess from the number what the other card details should look like.

Re: Coin

#292

Post by rebel »

Seems really cool technologically, but I just don't get it as a consumer. $100 so I can carry less credit cards that take up virtually no space in my wallet? What am I missing?

Re: Coin

#294

Post by daigoba66 »

huhtenberg wrote: post #224
tedivm wrote: post #199

Earlier quoted context omitted.

Many credit card companies are starting to issue new cards which are completely flat, making it impossible to make imprint. My new CapitalOne card is an example of this. Is your company planning on refusing to do business with them?

These are "electronic" credit cards, they've been around for years and they are flat so not to be usable for offline processing (that's when they take an imprint, you sign it, they take the imprint to the bank and it settles in a week).

Except that you can still use just the CC#, Name, and Expiry to authorize a purchase (both online and offline). I've done this at craft shows and such with vendors that didn't have mobile CC reader/app.

Re: Coin

#295

Post by Nursie »

rmc wrote: post #288
MiguelHudnandez wrote: post #207

Earlier quoted context omitted.

I think in your scenario, a good fit would be a cigarette case that you'd keep in your front pocket. I'd love to have one with a classy finish and that would block NFC signals from leaking. I ended up ditching all but essential cards and got down to five. One debit, credit, health insurance, license, and AAA.

I think in your scenario, a good fit would be a cigarette case that you'd keep in your front pocket. Eurpean here. I was shocked to learn many USAian men keep their wallet in the back pocket. How do you sit on that?

I'm British and I do that...

What happens is you grow a dent in your butt, and get a lopsided spine. Yay!

Re: Coin

#296

Post by sentenza »

pbreit wrote: post #227
Nursie wrote: post #219

Earlier quoted context omitted.

I don't know why the US hasn't adopted EMV. It's not perfect, but it has cut down fraud massively here in Europe. They're very hard to clone (I won't say impossible, but attacks against EMV have not generally been of this nature) and the transaction records at both ends will tell you whether the actual, real card was there. The liability is more clear-cut as a result. If the customer claims the charge was unauthorise…

Because it's a massive cost for almost no gain.

I don't know about the US, but professional swipe-card fraud is something that the average European will typically have read about in their local newspaper by now.

It is extremely common.

Re: Coin

#297

Post by bri3d »

superuser2 wrote: post #274
bri3d wrote: post #87

Earlier quoted context omitted.

This makes it less suspicious. Traditionally a lot of small-time (i.e. Vegas) skimmers write mag-stripes onto other cards ranging from hotel key-cards to expired credit cards, but in places where skimming is common gas attendants and cashiers are trained to watch out for warning signs including lots of expired cards, trying lots of cards, name on computer doesn't match name on card, and especially hotel keycards at g…

This is interesting. You can just buy blank magstripe PVC cards in bulk for very cheap on Amazon. You can buy an ID printer for a couple grand. Why the need to repurpose old cards?

I'm not actually experienced with street-level card skimming beyond anecdotally, so I'm not sure. But my initial speculation is this:

- Centralized location / evidence. A stash of blank cards and an ID printer have to go somewhere, and look suspicious to start with. The gear to skim cards and write them onto existing magstripe cards can be stored in a small space or on one's person and thrown away quickly; there's no centralized location. I believe hotel keycards are used because of their availiability. There was a sensationalized national news piece a few years ago about pimps giving women hotel keycards with credit cards written on them to buy gas with.

- Start-up cost. A couple thousand $$ in an ID printer is more than $0; that's what would divide street-level carders from professionals who probably wouldn't be passing overwritten cards at retail anyway.

Re: Coin

#298

Post by zevyoura »

wehadfun wrote: post #240
joshdance wrote: post #84

Earlier quoted context omitted.

You can already steal credit cards really easily. When you hand your card to the waiter, there are machines that will save that number and you can write it to a blank card easily. They can also jot down your security number. This might make it marginally easier, but it is on one service and tracked.

Yea but most places require you to swipe the card or have it physically there. Online they make you provide information that is not written on it. With this you could easily copy a card and buy anything later on that day. This thing should be outlawed

You can write the magnetic strip information to the a new (blank magnetic strip) card, which could look authentic enough to fool most merchants.

Re: Coin

#299

Post by huhtenberg »

pbreit wrote: post #227
Nursie wrote: post #219

Earlier quoted context omitted.

I don't know why the US hasn't adopted EMV. It's not perfect, but it has cut down fraud massively here in Europe. They're very hard to clone (I won't say impossible, but attacks against EMV have not generally been of this nature) and the transaction records at both ends will tell you whether the actual, real card was there. The liability is more clear-cut as a result. If the customer claims the charge was unauthorise…

Because it's a massive cost for almost no gain.

@virtuz - you are hell-banned

Ref: https://news.ycombinator.com/item?id=6735258

Re: Coin

#300

Post by newman314 »

seszett wrote: post #255
pidg wrote: post #35

Earlier quoted context omitted.

I understand chip+pin is still a novelty in the US. Back in 2009, I was (apparently) the first person to use the chip+pin machine in one of the biggest bookstores in Toronto - the cashiers got excited and all gathered round to watch. It was a little bit bizarre.

For a view on another part of the world, just in 2012 in Japan it seemed like about nobody knew about these. Some stores didn't even know they had a pad for entering a PIN, and some didn't know what was the "enter secret code" instruction. I only understood that after a week and maybe ten or so places had told me "your card doesn't work", when some hotel tenant called her daughter to translate things, and she knew ab…

Japan is still highly cash based per transaction.
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