Gotta love these new whizbang ANZ swipe Cards for purchases under $100!

Golddetectornomad · Senior Member

Gotta love these new whizbang ANZ swipe Cards for purchases under $100!

Golddetectornomad · Senior Member

...that may be so....but their machine seemed so satisfied that the deal had indeed been done.....even if I get 'Life' behind bars likely wont be long...Lol..notwithstanding I acted in good faith at all times...Hoo Roo

-- Edited by Golddetectornomad on Thursday 18th of July 2013 07:56:20 PM

hako · Guru

Don't worry, they have your number plate via the security camera so you may get a 'reminder'.

buffy61 · Senior Member

I agree... I dont like them! Far too easy for some opportunistic thief to help himself to my hard earned money!!!
Tapping in my pin number takes seconds!!!

herbie · Guru

How could this be your fault,when you acted in good faith.

I would be thinking it is the stupid banks fault for introducing such a system,before they sorted out any miss use of the card.

How flawed is this system if you the honest Mr citizen uses it and it fails, can you imagine how a thief would have a bonanza of a time if he got his/her hands on this type of set up.

On the topic of Credit cards my mate rang me last night to tell me last week while he and wife were out fishing someone got into their house and stole there two credit cards,they could not use them to purchase any thing as they had some secret code on the end of the numbers, but because they failed to purchase anything with them,they must have been p...d off so they donated from there card $500 to the RDF service apparently you can donate from a card with out using this code if done over the inter net.

jan-ed · Veteran Member

Our son has just had the misfortune of having his card "scanned" by a lovely young couple that found his card after he dropped it coming out of his local supermarket.

They had a ball with it in a very short time span, petrol for their car, cigarettes, alcohol...oh and some groceries.

He had a very stressful time proving to the bank that it was not him who had made those purchases. After contacting the police, going back to the places where the "purchases" had
taken place, obtaining security footage to prove it was not him, the bank finally agreed to credit his account.

What bright spark came up with this idea???

Jan

grandpabob · Senior Member

Hi,

I to have two cards with this wave and pay system. I read that as Keith19837 mentioned they can be scanned when it is still in your wallet or purse.

I purchased off ebay RFID blocking card protectors to stop this from happening. For about $12 I got 4 card protectors and two passport protectors apparently they can scan your passport details as well.

www.idstronghold.com

Bob

-- Edited by grandpabob on Friday 19th of July 2013 09:04:29 AM

Golddetectornomad · Senior Member

Console operator concluded the transaction...told me "it was all paid for"......I acted in good faith......they made a mistake utilising their 'new technology'.....where is any wrong doing?......I believe its in all Grey Nomads' interests to be aware that the new "wave" cards can bring you undone as it is inconceivable to my mind, and I believe most other reasonable thinking folk, that a product with such obvious limitations for fraud could even be introduced in the first place.....one has to contact their Bank per phone to remove it....they could not do it at my Branch......how ridiculous is that...they introduce a product addition that you have not requested and then the onus is on you to remove it......go figure...Hoo Roo

P.S. What does one do for money if some thief has gone on a spending spree of under $100 purchasers with your money and you are waiting for the Bank to investigate and make restitution....have you ever seen how long they take with a MasterCard fraud while they investigate and then eventually replace your funds...why would it be any different with these "wave" cards and how many dishonest claims of fraud will also be made by those actually using their own cards but stating it is someone else in their household or elsewhere that must have used it..?....

-- Edited by Golddetectornomad on Friday 19th of July 2013 10:46:21 AM

hako · Guru

Go back in time about 30 - 40 years when we all had "real" bank books - if you lost it and someone found it then they had access to all your bank details. Your signature was also in the back of the bank book visible under UV light. They knew all of your deposits/withdrawals and savings - and all they had to do was forge/copy your signature on a withdrawal form and all your money was gone in a flash, yet we thought "safe as a bank" To replace the lost bank book mean't your assets were frozen till the bank was happy.

If a "Russian mafia type" happens to skim your credit card electronic details, all he will gain is the ability to then somehow convert the data and imprint on a counterfeit card so that he can then buy items under $100 until you discover the fraudulent transactions which the bank will alert you to.
For items over $100 you must use the PIN which only you know. For the risk and benefit, this sort of theft is extremely remote, if at all possible IMHO.

Nowdays the banks guarantee to honor fraudulent transactions and going on bank profits, they know what they are doing.

Really, it's a win - win situation.

-- Edited by hako on Friday 19th of July 2013 12:52:31 PM

Delta18 · Guru

Golddetectornomad wrote:
I pay my way and always have however I'm still laughing at the irony of my recent experience with a new ANZ Access card to my Savings Account with a new "swipe" feature invented by some mental Banking Midget....i
Recently filled my tank at discount servo $91....I go in to the console where we all line up...you know the ones....I grab a 2 litre bottle of milk while waiting....my turn he scans the milk $2.53, and I hand my discount card and state bowser No10....as I tell him its a new card and do I place into the machine or pass it through down the side?...BIP..BIP I hear...he states all done Pal its already paid for as its under $100 and its got the new swipe feature..the machine has already read it..and I have barely put the card anywhere near his machine.....I said how did it know which account of the cheque account or savings account I have.....he says to me and all the now most interested folk behind me....this machine reads it and debits it and they're great as he does not have to do the extra work of having it put through his machine.. 'modern technology' he states.... and flourishes my card in the air for all to see.....
So am I a bad person?............This is really for YOU to decide but I am sure the consol operator who will have to make up the shortfall in the till would like to see you again. It is not HIS fault, neither the service station's fault that the banks now use this technology.
No doubt if you told him the pump used he didn't hear you as you were asking how to use the card.
You must have been in Hicksville if nobody knew of these cards as they have been around for several years.
By the way, they do NOT work just by standing by the counter, the card has to virtually touch the payment screen to work.

-- Edited by Delta18 on Friday 19th of July 2013 02:36:38 PM

Wombat 280 · Guru

How come we could all see the problem and the banks wn't take notice of our concerns . Mrs Wombat mentioned this to the bank when they first come out and demanded they re issue her with a card without the facility and wasn't that a bloody exercise in itself.. kept asking Why! Why! Why! answer JUST DO IT or I move my money elsewhere. Done there and then problem solved

Keith19837 · Senior Member

I just found out that my existing card had somehow been 'updated' or pre loaded with this technology. (I've had this card for 3 years). The servo guy tapped it and; to my surprise, away it went. I am curious though.... What happens if you're walking through the checkout with cash whilst your card is in your pocket. Is there any way that the 'reader' can scan the card if you're close enough? My bank says 'no' but anecdotal evidence seems to indicate otherwise. I know that some security lock swipe cards can be read by a scanner at up to a metre. Maybe I'm just seeing the dark side of things these days.

Gerty Dancer · Guru

Time to get one of those steel wallets methinks!

Golddetectornomad, if that servo was in my local town I'd go back and sort it, as our local businesses are important to all who live here... but if not... well, it was their mistake!

Golddetectornomad · Senior Member

Hi Gerty....it was one of the two major Supermarket Chain servos....victimless crime really IMO.....how many times have I got home and looked at my long Supermarket receipt and then found they have not scanned correctly all the discount bargains I have purchased only because they are on discount & invariably charging me full tote odds and just as mysteriously their mistakes are never my way always theirs......
Might be some Karma involved however my vehicle was the one I just rolled on Southern Eyre Peninsula S.A.....the subject of another post.....and my Insurance is leading me a merry chase of avoiding liability under my claim..$1,600 p.a. premiums for all my gear and they don't give a toss and tell me they handle 70 odd claims a month and I'm just one of them..........48 years paid Comprehensive Insurance and this is my 'first' Claim ever....I will relate the pitfalls here after they have done their worst by me..I'm fast learning all their new rules..I already have Insurance Ombudsman involved and the accident was only on 1/7/2013...18 days ago....Hoo Roo.

brickies · Guru

I would be careful about admitting to worn doing on the enter net police do monitor the enter net

hako · Guru

I reckon they're the greatest thing since sliced bread and just as secure as any other form of exchange.
It's possible maybe even more secure because if you lose your wallet with $100 cash and a Visa/Mastercard inside and the wallet is found, the finder can steal your cash and then wave your credit card and rack up a heap of sub $100 purchases. You've lost your $100 cash but any purchases made with the card will not have to be paid by you. See this snip from the Visa website:

Safe and secure.

Visa payWave-enabled cards are backed by Visa's Zero Liability Policy1 and are as secure as any other Visa chip card. They carry the same multiple layers of security, which ensures that you are not responsible for fraudulent or unauthorised transactions.

Keith19837 · Senior Member

brickies wrote:
I would be careful about admitting to worn doing on the enter net police do monitor the enter net

Funny you should mention this. Not just the police but prospective employers also do this. A few people lost their jobs this way. One particular case was a young woman who obtained a job at interview stage subject to a favourable criminal/probative history check. The young woman posted on a social media site some comment about getting this 'boring job' with an 'awful company' but the pay was great. She received notification from said company that her services were not required due to the posted comment.

Similarly, I obtained a temporary position in a government allied company and during training we were told that the company had gone through the various social media and other sites checking on applicants. They culled those applicants who were affiliated with or had social media comments that were seemed 'inappropriate'. I keep telling my kids to be careful what they post as it may affect a job application or promotion within an existing job. It's amazing what can be pulled off the internet these days.

For what it's worth.

QueenKombi · Senior Member

A little while back, I purchased a couple of small items from Big W and stood rather awkwardly with card in hand waiting for the girl to hand me the Epos machine. When she handed me the receipt I was all the more goggled eyed. I gave her a strange look and she said that the transaction had gone through using this new technology and proceeded to explain it to me.

I know these things have a protective layer of defence against unauthorised use, but what happens if a clever Russian Mafia type has the right device in his possession to read my card as I walk past him? Does he then have access to all my banking details?

I was probably a bit sexist in referring to the potential criminal as "him" but lets face facts, a female would never stoop that low biggrin

Gerty Dancer · Guru

Not so sure about the banks hako. After an e-bay transaction my partners account was fraudulently accessed in Europe. He phoned the bank as soon as he saw what had happened (by checking the account on-line) and they assured him he'd not be held liable for this money. The next month's bill included an overdue fee! When he called them there was a drama with the woman being rude, she obviously thought he was making up an excuse for not paying this credit-card bill of several thousand dollars.
Next step was to go to the nearest branch, deal with it in person, and close the accounts held at that bank. All a bit tiresome, and yes, in the end he didn't have to pay it, but it leaves you a bit doubtful of the banks "security" claims.

Golddetectornomad · Senior Member

My Access Card was not really close to the Eftpos handset yet was able to register a payment to my account without even waving it near it..no pin, no contact or pass through the handset, no identification of who I am whatsoever, it could have been the drovers dog with it in his mouth yet sale made and payment effected......you must also be 'aware' you have lost your card/wallet and make immediate contact with Bank to be afforded protection....in the meantime anyone can use your card as many times as they like I believe providing they are under $100 purchases...I removed the ability for my card to simply be 'waved' in the direction of the handset for these reasons...good luck to those who consider they have protection from potential fraud....Hoo Roo

Delta18 · Guru

You are right, you do need to advise the bank asap if you lose your card but, they do promise to reimburse any lost monies while the card is in the wrong hands.

What you can do to reduce inconvenience is as I do, just keep enough funds to last you a day or 2, couple hundred bucks say. With my bank anyway I can instantly transfer funds from my savings acc to my debit card account using an app on my phone. I could, if I was so paranoid, have almost nothing in the account, fill with fuel and note the cost then transfer that amount while walking to the cashier.

You really do need to keep up, the technology is already in place so that you won't even need to carry a card soon, the payment can be made by touching your (smart)phone to the console reader. Don't lose your phone lol.

Cheers Neil

Happy Daze · Senior Member

I was glad to be reminded about the Pay Wave cards. I'd prefer not to have that facility, but if that's what you're stuck with, then an easy way to protect your card (if you don't have a special protective wallet) is to wrap aluminium foil around it. I only know this as "Google told me so", and I have now placed a double layer of foil around my cards, a bit of tape on the sides to hold it together and they still fit nicely in my wallet. I'll eventually purchase a protective wallet, but for now this method will do. I also read that if you place your cards together then this will confuse a scanner. Cheers all,

Annie

allinone · Senior Member

These readers can read up to 10cm maybe 15cm away, cannot remember the fine details. But I seme to remember the 200 or so page booklet that came with the card. Unfortunately I did not read the contents so I suppose I agreed to all the terms and conditions that were outlined by my first use and probably not in my favour.

I like to see the amount first on the little screen as it is not the first time I have been presented with someone else's shopping bill before passing thru.

According to recent studies the use of these cards has allowed faster progress through the checkout as compared to other payment methods. But what is a minute or two here or there anyway.....

Delta18 · Guru

allinone wrote:
These readers can read up to 10cm maybe 15cm away, cannot remember the fine details. But I seme to remember the 200 or so page booklet that came with the card. Unfortunately I did not read the contents so I suppose I agreed to all the terms and conditions that were outlined by my first use and probably not in my favour.

I like to see the amount first on the little screen as it is not the first time I have been presented with someone else's shopping bill before passing thru.

According to recent studies the use of these cards has allowed faster progress through the checkout as compared to other payment methods. But what is a minute or two here or there anyway.....

Every time I have used my 'paywave' card I have had to actually touch the reader with the card for it to work.

As to "But what is a minute or two here or there anyway....."? When there are thousands of people a day going through the checkout that is a lot of minutes of lost time.

_wombat_ · Master (of Mischief)

I think these cards are great, I have my own scanner biggrin biggrin biggrin

Baz421 · Guru

I'm with ANZ and reduced my "limit" from $100 to $35 (the minimum).

What concerns me is IF you lose your card AND DON'T REALISE IT, you therefore can't report it missing. What happens in the interim beween being lost and reporting it it to the bank???? TRy to get your money back then.

Golddetectornomad · Senior Member

Neil, I have rarely seen anyone go to so much trouble as you have in this thread to debunk every statement made, not supporting your opinion......even highlighting some of my comments in red to belittle.....including telling me I must be from Hicksville....if you find the wave facility hunky dory then that's fine and I'm really happy for you, however if I start a thread pointing out what I believe is an anomaly and others may or may not wish to heed, then I, like everyone else on this forum, also have a right to express an opinion without you acting like a blowie on a t-urd mate.....fair suck of the sav.......
I may well need to keep up as you state...I'm a former Proclaimed Bank Manager 21 years, Currently Registered Real Estate Agent, and Certified Business Sale/Appraiser, and qualified Mortgage Broker, 43 years in business....however I do bow to your greater knowledge in appearantly all things ...my last word on this and possibly any other subject on this forum...Hoo Roo

brickies · Guru

If you are and were all those things in the present and past one would think you would have gone back to the servo and corrected the mistake which nothing to do with the pay wave card just a poor attendant who may be miss understood the situation at the time .

Willow · Veteran Member

This is the first I've heard of such a thing. How do I know if my card has this feature?

Willow,

Hicksville.

Gerty Dancer · Guru

The NAB one has "payWave" written on the front Willow. Dunno about other kinds.