No body knows what the future hold for contactless payment cards. Could it be possible this technology is a fraudsters dream?
No way Jose!
One thing for sure. The emphasis will be on the data security and the contactless payment facility clearly has some serious weakness in this regard.
Disadvantages of Contactless Payment
- The British Government via BIS (Department for Business Innovation & Skills) has urges Barclays bank to consider recalling up to
13 million credit and debit cards;
- After a Channel 4 News investigation uncovers serious security flaws in payment procedures for some of the contactless card operators.