OK, folks......this is VERY important for you to know......You really need to watch this video----then PASS it on to everyone you know!!!! Wi-Fi Symbol on your Credit Card
YOU WONT BELIEVE THIS IS HAPPENING. WATCH VIDEO AND CHECK YOUR CARDS. Check your newer credit cards for the Wi-Fi Symbol on it. You need to watch the video.
This is perfectly true and valid, but given that the chip in the card is passive (it does not have an energy source), and only harvests energy sent by the reader to send its response the range is very limited, it almost has to be touching the reader.
There are a number of wallets around with shielded portions, designed to make money out of allaying people's fears.
Just a point of interest, RFID was developed by the Royal Air Force in 1942 as a way to tell their planes apart from the enemy planes which would of course not have a transponder. The same concept and standards exist to this day, with minor refinements.
rockylizard said
04:56 PM Feb 9, 2014
Gday...
This has been around for a while now ... read the full story ...
I was aware of the Snopes Report. One of the Current Affairs programs airing in Tasmania carried this story recently and a few days later I received this e-mail from a friend, which I thought was appropriate to post here. Technology is always changing so hopefully any loopholes in the Wi - Fi cards have been eliminated. It doesn't do any harm however to alert people to be careful with their Credit/Debit cards as there are always undesirables lurking in the background to steal card details.
JRH said
05:55 PM Feb 9, 2014
Big Gorilla wrote:
rockylizard wrote:
Gday...
This has been around for a while now ... read the full story ...
I was aware of the Snopes Report. One of the Current Affairs programs airing in Tasmania carried this story recently and a few days later I received this e-mail from a friend, which I thought was appropriate to post here. Technology is always changing so hopefully any loopholes in the Wi - Fi cards have been eliminated. It doesn't do any harm however to alert people to be careful with their Credit/Debit cards as there are always undesirables lurking in the background to steal card details.
Well said B.G.
rockylizard said
07:04 PM Feb 9, 2014
Big Gorilla wrote:
rockylizard wrote:
Gday...
This has been around for a while now ... read the full story ...
I was aware of the Snopes Report. ~~~ It doesn't do any harm however to alert people to be careful with their Credit/Debit cards as there are always undesirables lurking in the background to steal card details.
Gday...
Ya dead right BG ... which is why I put up the Snopes report which confirms it is possible this can happen ... did ya read it all the way through?
cheers - John
Cloak said
08:14 PM Feb 9, 2014
Can you get that function disabled on these cards?
rockylizard said
08:33 PM Feb 9, 2014
Gday...
This is what I have found on a few sites for Visa and Mastercard and the Paywave mob
Can I choose not to have a payWave card?
The option to elect a non-payWave card is not available as all new and renewal cards will be automatically issued with payWave. However, you have the option to not use the payWave functionality. You can still choose to swipe or dip your card using a PIN or signature even if a payWave contactless terminal is available.
Cheers - John
hako said
11:09 PM Feb 9, 2014
Even if this sort of theft was possible, you are not liable. This is from the Visa site:
What is Visa's Zero Liability Policy?
This policy is Visas guarantee that Visa cardholders will not have to bear any liability for an unauthorised transaction, which includes transactions done through theft of the card or card fraud.
native pepper said
07:50 AM Feb 10, 2014
We never have any more than needed for the day on our cards and take out cash for most transactions we make. We have a separate card which we use online for purchases and it never has anything in it but the transaction money.
The banks will give you your money back, but it's the time and hassle factor which is the problem. If someone takes your money and you're on the road, it can be difficult to have the problem fixed quickly and get access to your money. prevention is always better than the cure.
Yendorane said
08:43 AM Feb 10, 2014
I have also heard anyone can use your card to make a purchase of up to $100.00 at a time without a pin or identification so if you loose it cancel immediately but i am going to the bank to confirm this
Cheers Yendorane
_wombat_ said
09:09 AM Feb 10, 2014
native pepper wrote:
We never have any more than needed for the day on our cards and take out cash for most transactions we make. We have a separate card which we use online for purchases and it never has anything in it but the transaction money.
The banks will give you your money back, but it's the time and hassle factor which is the problem. If someone takes your money and you're on the road, it can be difficult to have the problem fixed quickly and get access to your money. prevention is always better than the cure.
I do exactly the same NP, only safe way I know.
_wombat_ said
09:10 AM Feb 10, 2014
Yendorane wrote:
I have also heard anyone can use your card to make a purchase of up to $100.00 at a time without a pin or identification so if you loose it cancel immediately but i am going to the bank to confirm this
Cheers Yendorane
ANYBODY CAN swipe your card for anything $100 and below in most shops.
milo said
10:32 AM Feb 10, 2014
I only use a debit card, and have already had it replaced in the last 12 months
due to it being compromised some where ..
I hope they can give you an opt out of this pay with out pin stuff, dont like that..
Also don't like how they have this on some smart phones now..
_wombat_ said
10:45 AM Feb 10, 2014
milo wrote:
I only use a debit card, and have already had it replaced in the last 12 months due to it being compromised some where ..
I hope they can give you an opt out of this pay with out pin stuff, dont like that..
Also don't like how they have this on some smart phones now..
Totally agree milo, the only way to stop the banks from keeping this option is for EVERYBODY that has any card = CUT THE CARD UP and never use CC's or DC's again, but I do not ever see that happening.
Please share this with your family and friends.
WATCH FOR THE SYMBOL ON YOUR NEW CARDS
OK, folks......this is VERY important for you to know......You really need to watch this video----then PASS it on to everyone you know!!!! Wi-Fi Symbol on your Credit Card
YOU WONT BELIEVE THIS IS HAPPENING. WATCH VIDEO AND CHECK YOUR CARDS. Check your newer credit cards for the Wi-Fi Symbol on it. You need to watch the video.
https://youtube.googleapis.com/v/lLAFhTjsQHw&sns=em
Good old RFID raises its head again.
This is perfectly true and valid, but given that the chip in the card is passive (it does not have an energy source), and only harvests energy sent by the reader to send its response the range is very limited, it almost has to be touching the reader.
There are a number of wallets around with shielded portions, designed to make money out of allaying people's fears.
Just a point of interest, RFID was developed by the Royal Air Force in 1942 as a way to tell their planes apart from the enemy planes which would of course not have a transponder. The same concept and standards exist to this day, with minor refinements.
Gday...
This has been around for a while now ... read the full story ...
http://www.snopes.com/fraud/identity/pickpocket.asp
Cheers - John
I was aware of the Snopes Report. One of the Current Affairs programs airing in Tasmania carried this story recently and a few days later I received this e-mail from a friend, which I thought was appropriate to post here. Technology is always changing so hopefully any loopholes in the Wi - Fi cards have been eliminated. It doesn't do any harm however to alert people to be careful with their Credit/Debit cards as there are always undesirables lurking in the background to steal card details.
Well said B.G.
Gday...
Ya dead right BG ... which is why I put up the Snopes report which confirms it is possible this can happen ... did ya read it all the way through?
cheers - John
Gday...
This is what I have found on a few sites for Visa and Mastercard and the Paywave mob
Can I choose not to have a payWave card?
The option to elect a non-payWave card is not available as all new and renewal cards will be automatically issued with payWave. However, you have the option to not use the payWave functionality. You can still choose to swipe or dip your card using a PIN or signature even if a payWave contactless terminal is available.
Cheers - John
What is Visa's Zero Liability Policy?
This policy is Visas guarantee that Visa cardholders will not have to bear any liability for an unauthorised transaction, which includes transactions done through theft of the card or card fraud.
The banks will give you your money back, but it's the time and hassle factor which is the problem. If someone takes your money and you're on the road, it can be difficult to have the problem fixed quickly and get access to your money. prevention is always better than the cure.
I have also heard anyone can use your card to make a purchase of up to $100.00 at a time without a pin or identification so if you loose it cancel immediately but i am going to the bank to confirm this
Cheers Yendorane
I do exactly the same NP, only safe way I know.
ANYBODY CAN swipe your card for anything $100 and below in most shops.
due to it being compromised some where ..
I hope they can give you an opt out of this pay with out pin stuff, dont like that..
Also don't like how they have this on some smart phones now..
Totally agree milo, the only way to stop the banks from keeping this option is for EVERYBODY that has any card = CUT THE CARD UP and never use CC's or DC's again, but I do not ever see that happening.