| General > General Technical Chat |
| Credit Card, Bank Card NFC. The most useless function every invented |
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| Faranight:
Well, I have to say I am personally not a big fan of contactless payment cards. I was a bit upset when my bank suddenly notified me they were going to issue me a new contactless card without offering any options at all to stay with non-NFC cards (some rare banks still offer this choice, mind you). Angry as I was, I ended up drilling a small 2mm hole through my card where the NFC coil is located. You have to place your card against a strong light and you'll be able to see where the wires inside the plastic are. Thus I converted my brand new NFC card to a brand new non-NFC one. If anyone is interested it does work - it stops the NFC from working, but the contact payment isn't affected at all. Was funny to see all those cashiers trying to place my card onto a NFC reader and then waiting a long time wondering why it isn't working. :-DD |
| SiliconWizard:
I've recently seen that they want to generalize contactless to ANY payment of any amount. It's going to appear relatively soon in the EU from what I've seen. Dunno about the rest of the world. This means all transactions will be issued through NFC. A pin code will still be required above the max amount allowed for what is currently contactless payments, but you won't insert your card anymore in a reader. Not sure what it really brings to the table (apart from less wear of the cards and readers...) But for people who don't like NFC for payment cards, this is probably not good news. |
| Monkeh:
--- Quote from: SiliconWizard on March 27, 2022, 06:10:49 pm ---But for people who don't like NFC for payment cards, this is probably not good news. --- End quote --- Back to cash they go then. |
| PlainName:
--- Quote from: Monkeh on March 27, 2022, 06:13:04 pm --- --- Quote from: SiliconWizard on March 27, 2022, 06:10:49 pm ---But for people who don't like NFC for payment cards, this is probably not good news. --- End quote --- Back to cash they go then. --- End quote --- Or a phone wallet, which may be more acceptable to them. I would see it as the phone showing a QR code which the payment terminal scans and then contacts the user's bank to authorize a transfer, the bank does the transfer, then the vendor sees that it's paid for. Things like Tesco Pay are almost there. Previously it would have been unheard of because of the 2-5day transfer timescale, but nowadays I can get notification from my bank that I've just spent money at Tesco before I've pulled the phone away from the reader. The reverse could work: the payment terminal shows the QR code which the phone scans. Either way the phone has a link to the bank, a does the vendor, so it's all matched up in realtime. |
| Halcyon:
--- Quote from: Monkeh on March 17, 2022, 12:58:59 am --- --- Quote from: Bassman59 on March 16, 2022, 09:04:39 pm ---Really, there's no good reason to use a debit card for purchases. Use a credit card, get the consumer protections/warranty extensions/etc the card issuers give as benefits. --- End quote --- Some of us get consumer protections and reasonable warranties as a given, instead of a benefit of placing oneself into debt to a private company which doesn't care about you. --- End quote --- I happen to agree with Monkeh here. I'm of the exact opposite mind. I don't have a credit card, but do have several Visa debit cards (which work the same way as a credit card, albeit without the credit). Most (all?) banks here will offer protections to a certain amount and refund/reverse unauthorised purchases without questions asked. Unless you have a specific need for rewards that come with certain cards and you're disciplined enough to pay the balance every month as not to incur interest charges, credit cards will certainly cost you more for very few benefits compared to a regular bank card, particularly if you pay a monthly or yearly fee. As for warranty extensions, they are almost pointless in countries with strong consumer laws. Regardless of manufacturers warranties (extended or otherwise), Australian consumer law applies to all consumer products (including motor vehicles). If a product fails after the warranty expires, depending on the type of product, you could be entitled to a free replacement or refund. For example, Apple was one company that was forced to provide an explanation of what Australian consumer law covers after numerous consumers complained about them declining refunds/replacements: https://www.apple.com/au/legal/statutory-warranty/au/ In some cases, Australia Consumer Law offers more protections than the paid AppleCare+ extended warranty. |
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