Contactless debit card

[Freamon]

Do you not even have to enter a PIN or anything? Massive security risk, for that reason I am out.

Maximum transaction value is £15.

I've got one, but not on a debit card - I think that would be pushing it, security wise. Mine is a Mastercard so that gives much better protection against fraud.

[TimberWolf]

No doubt the finest criminal minds will be looking at this technology and in 5 years it will be as mainstream as pin numbers are today.

[Freamon]

No doubt the finest criminal minds will be looking at this technology and in 5 years it will be as mainstream as pin numbers are today.

I suspect a man-in-the-middle attack is possible:

IEEE Xplore - Wirelessly Pickpocketing a Mifare Classic Card

[TimberWolf]

I suspect a man-in-the-middle attack is possible:

IEEE Xplore - Wirelessly Pickpocketing a Mifare Classic Card

I'm sure in the case of fraud that the banks will be easy to convince and will make a refund without any hassle

[Freamon]

I'm sure in the case of fraud that the banks will be easy to convince and will make a refund without any hassle

That's why I have it on a credit card rather than a debit card, so that the burden of proof is on the banks rather than me.

[Sysman]

I suspect a man-in-the-middle attack is possible:

IEEE Xplore - Wirelessly Pickpocketing a Mifare Classic Card

Need a sign in for that.

PDF available here

On second thoughts, stick with the summary. The technical details are serious brain-ache for this time of night

[Waldorf]

I've got one but not used it yet I think it will be good for buying a paper etc, save having to carry loads of change.