Comments on: Visa payWave

By: Kazriko

Kazriko — Sun, 27 Jan 2008 06:26:03 +0000

Is this RFID, or is it a contactless smartcard based thing? The visa websites say contactless smartcard, which would make it a little bit more secure at least.

By: James

James — Fri, 12 Oct 2007 13:11:28 +0000

“just done sweet f.a. to deal with them.”

They really have according to the site, and my knowledge of the systems mastercard and visa have put in place for this.

By: Colm

Colm — Tue, 25 Sep 2007 08:21:10 +0000

Well, snotty tone aside, I never failed to be surprised by the amount of companies/Governments who pay bog all attention to security issues.

So no, I’m sure they’ve considered security issues, just done sweet f.a. to deal with them.

By: James

James — Tue, 25 Sep 2007 07:49:58 +0000

and you don’t think they’d have thought of security issues? Really? You really don’t? Wow.

It useable a maximum of 4 times before you’ll be prompted for a pin, and has a max transaction value of £10.

So you can never be defrauded by more than £40, which the bank guarantees anyway.

But well done for bringing up something someone like Visa was bound not to have considered.

By: AvoidingLife

AvoidingLife — Fri, 24 Aug 2007 18:09:14 +0000

From what I understand this is more in retailers favour. Said antenna is picked up by something on the store shelves. From your card they get your demographics and can tell what displays you are most attracted too! Scary stuff… very matrix!