I want your wallet

[vetran]

Using a phone is more secure than a card. It's a sensible choice as you still have to authenticate on the phone to authorise the transaction, either with Face ID or the Pin number, regardless of the amount involved.

The fecking idiots faffing around with their phone to pay for 10 minutes at the till are a pain in the arse.

My understanding is that there is no limit on such transactions so if you steal a phone having seen the pin you are laughing.

[ladymuck]

The fecking idiots faffing around with their phone to pay for 10 minutes at the till are a pain in the arse.

My understanding is that there is no limit on such transactions so if you steal a phone having seen the pin you are laughing.

That is true, AFAIK.

I don't have NFC enabled on my phone and am highly unlikely ever to.

[vetran]

yep its hilarious


https://www.pocket-lint.com/phones/n...0Apple%20Watch.

Is there a limit for Apple Pay?


No. Unlike contactless card payments that limit you to a £45 spend, there is no limit for Apple Pay.

It means you can pay for your weekly shop, or fill your car up with fuel, all with your iPhone or Apple Watch.

https://www.moneysupermarket.com/cre...ds/google-pay/

There’s no limit on the value of Google Pay transactions, and there are no fees to download the app or use it to make payments. However, many shops and businesses will limit the amount you can pay without entering a PIN or using fingerprint recognition to the contactless payment limit.

[SueEllen]

That is true, AFAIK.

I don't have NFC enabled on my phone and am highly unlikely ever to.

That's because you are an

[ladymuck]

That's because you are an

That is also true

[ASB]

Dunno if it's just me working with these systems but I it gives me a different view on them. Customers generally say wow great, first thing I think about is the cost, fraud and all the other issues.

Initial self scanning (mid 90s) loss actually dropped. This was quite surprising but the main reason seemed to be people not cancelling things they had changed their mind about.

As self checkout appeared (about 03/04 was the first except for one notable case) there wasn't much change. Obviously it was pretty quick for people to start with the two standard frauds. This is more prevelant in the UK than elsewhere.

Particular configuration is also relevant. There was a system under development which was good at scanning as things were moved from trolley to belt on the large format SCO lanes around 08/09. Discrepancy between what you were expected to scan and what you did triggered security algos.

Before I retired a UK retailer was trialling that as you wandered around store by CCTV also. It was something similar Amazon picked up on on their initial fresh offering in some markets.

RFID may yet make a comeback in this arena. But it needs appropriate product labelling and that costs a little more at the point of production. Or shed loads more anywhere else in the supply chain.

Cost in an interesting one. There is high initial cost. However my last customers finances suggested they were saving 409k euro annually for each cluster of 8.

The killer cost is the integration to your PoS software. It tends to be a complex area. There are various techniques dependant on what you are dealing with.

[DaveB]

The fecking idiots faffing around with their phone to pay for 10 minutes at the till are a pain in the arse.

My understanding is that there is no limit on such transactions so if you steal a phone having seen the pin you are laughing.

Same as stealing a card having seen the pin.

[vetran]

Initial self scanning (mid 90s) loss actually dropped. This was quite surprising but the main reason seemed to be people not cancelling things they had changed their mind about.

As self checkout appeared (about 03/04 was the first except for one notable case) there wasn't much change. Obviously it was pretty quick for people to start with the two standard frauds. This is more prevelant in the UK than elsewhere.

Particular configuration is also relevant. There was a system under development which was good at scanning as things were moved from trolley to belt on the large format SCO lanes around 08/09. Discrepancy between what you were expected to scan and what you did triggered security algos.

Before I retired a UK retailer was trialling that as you wandered around store by CCTV also. It was something similar Amazon picked up on on their initial fresh offering in some markets.

RFID may yet make a comeback in this arena. But it needs appropriate product labelling and that costs a little more at the point of production. Or shed loads more anywhere else in the supply chain.

Cost in an interesting one. There is high initial cost. However my last customers finances suggested they were saving 409k euro annually for each cluster of 8.

The killer cost is the integration to your PoS software. It tends to be a complex area. There are various techniques dependant on what you are dealing with.

Surely the cost is much less of an issue the bigger the supermarket because of economies of scale.

Self service tills are in the top 5 supermarkets and as you say they are making a lot of savings.

I assume each supermarket / big chain has bespoke POS? If there were a standard it would have a self scan module. Maybe there is an opportunity there? POS/OS the solution for all small retailers.

Wilko are now doing self scan by pretty much just turning their tills around.

[vetran]

Same as stealing a card having seen the pin.

less of a risk as most pads have anti snoop guards I tend to use multi finger entry. Phones you will see them hunt & peck.

Personally I would set most cards with a max daily transaction limit unless a trusted and insured retailer or a pre arranged transaction.

[xoggoth]

Agree with some above comments. Limit should be much lower, or make it mandatory for all banks to allow us to set a limit. Mine would be 15 quid.