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Old 25.03.2014, 15:53
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Contactless credit card payment

Yesterday I thought of trying out contactless payment at ZVV ticket machine. It didn't ask for identification by PIN before finishing payment. Now I searched for it and found that it will only ask for PIN if payment exceeds CHF 40(https://www.postfinance.ch/en/priv/p...d/paypass.html). Is it possible to change behavior so that it always asks for PIN?
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Old 25.03.2014, 15:56
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Re: Contactless credit card payment

contact your provider, contactless in small amounts is a balance of security versus convenience.
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Old 25.03.2014, 16:09
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Re: Contactless credit card payment

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contact your provider, contactless in small amounts is a balance of security versus convenience.
It's not a balance it's imbalance and not even close to anything secure I'm afraid
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Old 25.03.2014, 16:19
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Re: Contactless credit card payment

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It's not a balance it's imbalance and not even close to anything secure I'm afraid
Of course it's a balance. A crook is hardly likely to try credit card fraud for such small amounts. My terminal takes contactless payments... but I thought it was a max of 30.00 chufs. I think we've only taken one payment like that in the year since we've had it.
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Old 25.03.2014, 16:23
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Re: Contactless credit card payment

I think chf 40 is a high threshold and worth stealing the credit card for.
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Old 25.03.2014, 16:36
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Re: Contactless credit card payment

OMG you guys are going to be sooo upset when you find out what devices don't do an online check of your credit card then.....

Motorway toll stations for one. If the card is valid, it will pay the toll.
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Old 25.03.2014, 16:42
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Re: Contactless credit card payment

I've been reading up on it and it appears that credit card issuer can set a "credit limit" after which you will need to conduct a Chip + Pin transaction. (I don't know which limit the Post has set, if any).
http://www.visaeurope.com/en/cardhol...ents/faqs.aspx

So yes, if you lose your card the finder can make some transactions without a PIN but as soon as he reaches the pre-set limit (or until you report your card missing) he will be forced to type in the PIN which he does not have...

On balance, there is risk (the actual threshhold depends on the limit set by the credit card issuer), but on the other hand your likely safer off than with cash and you might be safer off altogether (the less typing of your PIN at the super market the less risk someone might memorize the PIN...).
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Old 25.03.2014, 17:18
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Re: Contactless credit card payment

I think the bigger problem is that it's (apparently) pretty easy to sniff the RFID bits and be able to clone that bit of the card.. The payoff isn't as good as other types of fraud, but it's a possibility and annoying for the end-user..

I tried getting an RFID-free card and the bank looked at me as if I grew a second head.. sigh...
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Old 25.03.2014, 17:22
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Re: Contactless credit card payment

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Is it possible to change behavior so that it always asks for PIN?
I understand why youre asking this, but it totally defeats the purpose of contactless (speed) if youre still required to enter a PIN. It would then be no quicker than swiping/inserting the card and entering the PIN.

I guess what youre really asking is, can I disable the contactless function?
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Old 25.03.2014, 18:29
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Re: Contactless credit card payment

If you're so worried, book yourself an MRI and put the card in your shirt pocket before you go in.

The contactless function won't work.....neither will much else though, to be honest
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Old 25.03.2014, 21:15
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Re: Contactless credit card payment

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Of course it's a balance. A crook is hardly likely to try credit card fraud for such small amounts. .
You dont know criminals very well, off course they will, they will just do multiple transactions until the card rejects. Multiple small transactions is a classic sort of way crooks attack cards as such transactions are less noticeable
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Old 25.03.2014, 21:30
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Re: Contactless credit card payment

A pickpocket, who so far took the cash and threw the rest of any wallet into the bin, will now probably max-out any contactless card.

If (s)he charges his phone on a SBB-vending machine with CHF 40, that´d be a pretty welcomed transaction

Furthermore it´s probably a safe bet to use it on the new ordering-terminals in McDonalds. If the card is already blocked, (s)he can just leave without the risk of being caught.

So much for having a pleasant afternoon (SBB + McDo + possibly Starbucks ?).

Some people in Germany are so upset about the new chip in their ID / passport, that they destroy the circuits by entering them into the microwave for one second. Should do the trick for the contatless payment RFID-chip as well. But not sure if the card will work after that at all...?
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Old 25.03.2014, 21:49
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Re: Contactless credit card payment

As far as I know, the issuing bank bears all the liability for fraudulent use of the credit card, providing the card owner takes reasonable precautions. This includes not writing down or disclosing the PIN, and reporting the card as stolen as soon as this is known. This is the great thing about credit cards -- misuse is generally not your problem.

Happy to stand corrected if I'm wrong, but I'm fairly sure this is the case.
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Old 26.03.2014, 08:28
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Re: Contactless credit card payment

You lot do realise that all credit card companies have fraud departments that track usage of cards? And at the top of the organisation, there will be a risk group looking at what they can accept as risk?

Credit card companies accept a lot of risk but make a lot of money. That's why they accept a lot of risk
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Old 01.08.2016, 12:31
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Re: Contactless credit card payment

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It's not a balance it's imbalance and not even close to anything secure I'm afraid
I agree entirely! Think about what happens if you loose your card. for up to amount CH40 the card can be used until you realize you lost your card. This is just another way for banks and business to pull money out of your pocket and getting away without penalty.
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Old 01.08.2016, 14:33
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Re: Contactless credit card payment

In theory, yes - up to 40 chf. However, there is a random check for pin even for small transactions under 40chf. Not sure exactly how often but should be on average about max every 5th transaction.
On my card, it certainly asks for pin quite regularly.
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Old 01.08.2016, 15:05
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Re: Contactless credit card payment

1. You can challenge ANY transaction that appears on your statement, so any fraudulent transactions will be dealt with minimal pain from the user's side.

2. Even if you're still afraid and thinking "OMG my moniez!!1!" then contactless payments at the kiosk for less than 40 CHF is the least of the problems. Online transactions just need the info that is written on the card, so someone could go crazy with buying stuff online that is way more than 40 CHF.


Also there are RFID blocking wallets.
No need to destroy your cards.
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Old 01.08.2016, 15:34
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Re: Contactless credit card payment

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Online transactions just need the info that is written on the card, so someone could go crazy with buying stuff online that is way more than 40 CHF.
isn't this outdated info? Most of my online transactions now have to go through the 3D secure stuff where you have to specify a password, or a security code that is generated using an app (example: Transakt).

Even in the time before 3D secure there used to be an address check, so the user would have to provide more than the info on the card.
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Old 01.08.2016, 16:06
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Re: Contactless credit card payment

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isn't this outdated info? Most of my online transactions now have to go through the 3D secure stuff where you have to specify a password, or a security code that is generated using an app (example: Transakt).

Even in the time before 3D secure there used to be an address check, so the user would have to provide more than the info on the card.
Not all stores have 3D secure. Most CH might, but I've shopped a lot internationally and don't even remember the last time I was asked for an additional code.

Also the address check happens ONLY when the holder reports a fraudulent report. The only check that happens all the time, is Card #, security # on the back, name, expiration date, and if the balance allows the transaction.
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Old 02.08.2016, 00:44
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Re: Contactless credit card payment

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I agree entirely! Think about what happens if you loose your card. for up to amount CH40 the card can be used until you realize you lost your card. This is just another way for banks and business to pull money out of your pocket and getting away without penalty.
Am surprised none of you have mentioned it here. It can be used , contactless, for a max amount of 40CHF, for a max number of 5 times in a day , after which it asks for the pin to be entered.

Also , good to know, if the mount is anything above 40chf , you can still use it contactless , but it will still ask for your pin. In other words, you never need to actually insert the card into the slot.

I rarely carry/use cash. I use only credit card, and only contactless. If I use it more than 5 times a day (below 40chf), it will ask me for my pin. If the amount is above 40chf , it will ask for my pin. It is really convenient and quick. Contactless is available in many ticketing machines too.

If I do lose it (which is rare in my case) , I understand that the finder can use it 40chf X 5 times per day , until I report that I have lost my card.
I would know within 2-4 hours if I did lose my card. So its really comfy for me to use.
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