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Anyone Up For This?

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youngmafbog | 14:20 Wed 16th Jan 2013 | News
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Personally I am sceptical of payments via a mobile, but using a 'text' ?

Anyone know how the security works on this, for example if the phone is lost or stolen (Often you will not know this for some time). Is PIN involved?

http://news.sky.com/story/1038741/smartphones-could-become-uks-new-credit-cards
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I wouldn`t be sending anything financial over the mobile phone signal. I don`t know about here but in America they have a new system where you can plug a widget into your phone and use it to swipe credit cards and do all your banking with it. I wouldn`t touch it with a bargepole.
I've seen articles on how easy it is to get a machine that takes all your details of the "new" contactless dedit cards just by walking it past the card while it is in your wallet or bag. The banks are not admitting that this is a serious threat and so it is the customers fault and the bank does not have to re-imburse the fraud.
youngmafbog

Perhaps before you use a headline such as "Anyone Up For This"?

There were 229 replies to your previous post which you have now just sent into 'Room 101'.

/// And Here Come The Next Lot, Just Where Will We Put
Them? ///

But since you failed to add yourself to one of those 229, perhaps you should now ask yourself "Am I up for this"?
Given the amount of malware about especially on Android you'd have to be crazy.

It'd be a matter of days before the first malicious app came out that hijacked your pin and started making texts paying money

And guess what? The banks's would say "Not on your card - it's your problem"

I'll bet the banks are keen on thiis idea!

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