Pay-wave.

Sheba · Guru

Pay-wave.

Dougwe · Chief one feather

I have it on my credit card Sheba but find it is more 'Pay Hold' on top of the machine. I actually like it so will differ to most replies I should think.

So far so good.

Glenelg · Guru

i yous it all the time, i't for hundred bucks or less . when you have a body behind you looking at you doing your number NO . no problems so far.

mongrel · Guru

I have been led to believe that the only way you can have it removed is if you have the chip removed.
Only what I have been told.
Mongrel.

Brenda and Alan · Guru

My bank sent me a card with the chip in it, so I went in and said I didn't want it and the teller said no worries, just keep using the old debit card. Brenda

Vic41 · Guru

Sheba wrote:
Read on another Forum tonight, that it is possible to have Pay-wave removed from Cards. Has any-one here had it done ? I'm going to ask my Bank tomorrow.
Cheers,
Sheba.

Lets know if it is possible Sheba, might differ with different banks.

I didn't ask for it on mine (debit card) but when I received my new card after the old one had expired it had it on it.

I've used it a couple of times, the banks guarantee to refund any debits if someone else has used it. I'm with Bendigo Bank.

Baz421 · Guru

With ANZ and had my limit reduced to $35 (the minimum a few months ago) now both cards are $100?????? Don't know why.

Sheba · Guru

Vic41 wrote:
Lets know if it is possible Sheba, might differ with different banks.

Will do Vic.

Cheers,

Sheba.

_wombat_ · Master (of Mischief)

I just filled in the online form for the NAB asking how to get rid of it, will report back here, IF I get a reply

Russue · Senior Member

Cant see what the problem is, if you buy under 100 better to wave than put in your pin number.

_wombat_ · Master (of Mischief)

just a question for those that use these tap cards, do you get a printed receipt when you use it?

http://www.youtube.com/watch?v=txOt6gftBe4

hako · Guru

You can get a printed receipt.
I reckon they are great. You do tend to get used to tapping it and when something is over $100 you have a hell of a job remembering your PIN.

Clare46 · Senior Member

I use mine all the time even for very small amounts like a few dollars at Maccas. The only time I use cash is at the couple of places I go that do not take cards

Clare

Vic41 · Guru

I suppose the only problem is if you lost your card and before you had a chance to cancel it anyone finding it (or stealing it) could have a ball doing the rounds in a short space of time buying things (food/good etc) under $100 from different places.

But the banks say they will refund any misuse if reported lost or stolen within a reasonable time, so a calculated risk but convenient.

-- Edited by Vic41 on Thursday 17th of July 2014 12:22:15 PM

Vic41 · Guru

Used my Pay Wave card twice today, one was at the chemist where the attendant there told me one of their customers had hers stolen from her bag, but did not realise it until later.

The thief had racked up $600 in one day with her card before she reported it stolen. Must of had a "big day out" a the owner/bank's expense, visualize nice meal somewhere, clothes somewhere, other goods somewhere, fuel, liquor shop somewhere etc, etc up to $100 per purchase.

I rang my bank and they said there was no limit on how many times it could be used during a day up to the $100 limit each purchase.

They also said it that Pay Wave could not be removed, suggested opening another account (mine is a debit account) and have some of your funds placed in that and do not carry both cards.

Their was also another type of card account that did not have the Pay Wave but could not be used for internet or phone banking.

Apparently in the case of my bank, Pay Wave is a MasterCard Product and comes with a new or renewed bank card with Master Card access.

Sheba · Guru

Vic41 wrote:
Their was also another type of card account that did not have the Pay Wave but could not be used for internet or phone banking.
___________________________________________________________________________________________
I have a BOQ Visa Debit card Vic. Went in today, and was told that I need to keep the Pay-wave card for paying on-line with Pay-pal.
I was given another Card, [No Pay-wave or Chip], to use if I wanted to pay for groceries etc. Different No.'s to the other Card, and has eftpos written on it.
I'm happy.
Cheers,
Sheba.

Vic41 · Guru

With my Debit Account (with Pay Wave) it is connected to credit (or debit if you like) and there are no bank fees (Retirement Debit Account) however if I use Eftpos I only get a certain amount of transactions free then charged a bank fee for the remainder.

I am with Bendigo Bank. It may be different with different bank accounts as mine uses MasterCard while others use Visa Card.

I think with the Pay Wave (it doesn't use signature or pin) any transactions on Pay Wave (if they have been used illegally) require you to prove you did not make the transactions yourself, not sure how you prove that though.

PS: My new card was posted to me before the old one expired, if someone had stolen my mail from the home letterbox they could have had a ball as I would not have known my new card had been stolen......looking into that to see if I can pick it up at the bank or might have to use a box number.

-- Edited by Vic41 on Thursday 17th of July 2014 05:42:08 PM

_wombat_ · Master (of Mischief)

my NAB said

Thank you for writing to us to opt out the paywave feature from your credit

card.

Unfortunately, you are unable to opt out of having this facility. As this

new feature will be applied to your Credit Card, your current card (without

the Paywave feature) will eventually deactivate. It is recommended that you

use your new Credit Card rather than your old Credit Card.

I understand that you have reservations of the change as you feel that this

new technology may increase the possibility of fraudulent use.

However, like your existing Credit Card, we have our Credit Card Fraud team

monitoring your account activity. If your Credit Card is lost or stolen and

your card is used, we can still dispute the transaction(s) to recover the

stolen funds.

If you find that you have misplaced your Credit Card or have had your

Credit Card stolen, please contact our Lost and Stolen Credit Card team as

soon as possible on 1800 033 103, 24 hours a day, 7 days a week.

If you need any further help, please reply to this email directly or call

us on 13 66 22 from 8am-7pm Mon-Fri, or 9am-6pm on weekends (AEST/AEDT). If

you're overseas, the number to call is +61 3 8641 9083.

Sheba · Guru

There was a segment on "A Current Affair" tonight, regarding Pay-wave Fraud.

You might be able to see it on I-view if you missed it earlier.

Cheers,

Sheba.

-- Edited by Sheba on Thursday 17th of July 2014 09:12:18 PM

Vic41 · Guru

Thanks for the feedback on your bank Wombat, not very happy with the system though (whatever bank is using it) for those with limited funds to live on it could take months to recover any money taken out of your account.

The banks made a big song and dance about how they are phasing out signatures on POS terminals and you will only be able to use a pin to prevent fraud, then introduce something like this which is open to fraud without any proof on who used the account.

Sheba, not sure what I-view is but will try to find the program on the TV program site. Dam, I missed it, thanks for letting us know.

Joe50 · Guru

I-view is the ABC's version of catch-up TV - think the story Sheba is referring to can be found here:
http://aca.ninemsn.com.au/article/8876379/theft-victim-turns-vigilante-sleuth

But beware, I got a stack of pop-ups when I went to the aca site....

Vic41 · Guru

Thanks Joe, smile

I hope they catch these scumbags and they get what the deserve! furious

-- Edited by Vic41 on Friday 18th of July 2014 01:14:24 AM

Kantiki · Senior Member

I asked CBA to remove this feature on my new debit card. She said it couldn't be done and I should just leave the card at home in a safe place. Hmmm.

Vic41 · Guru

I am with Bendigo Bank, rang them today and am going to open a secondary account that does not have MasterCard/Pay Wave access on it and will just keep an minimum amount in the main (MasterCard) account. You can only access the funds on the secondary account via bank counter service or ATM etc.

You can use your main account online to transfer funds from one to the other each way and can use both if you have any automatic withdrawals or deposits you authorise for bills etc from either account by contacting the billing organisation etc.

I will still keep my main account with Master Card & Tap & Go (Pay Wave) Debit Card but It will only have limited funds in it.

-- Edited by Vic41 on Friday 18th of July 2014 01:41:26 PM

_wombat_ · Master (of Mischief)

I HAVE NOT TRIED THIS but if you find it works let us all know, I take most stuff I see online with a pinch of salt.

http://www.geekrant.org/2014/05/29/disable-paypass-or-paywave-rfid-with-a-light-globe-a-pen-and-a-drill-bit/

http://knowak.wordpress.com/2012/09/24/r-i-p-paypass-mbank/

Vic41 · Guru

_wombat_ wrote:
I HAVE NOT TRIED THIS but if you find it works let us all know, I take most stuff I see online with a pinch of salt.
http://www.geekrant.org/2014/05/29/disable-paypass-or-paywave-rfid-with-a-light-globe-a-pen-and-a-drill-bit/
http://knowak.wordpress.com/2012/09/24/r-i-p-paypass-mbank/

Interesting, knowing my luck I would drill through the wrong bit and stuff it up altogether.

I'll stick with my alternative card with no Wave thingo on it ....