Pay Pass

[123everton]

I've just been given (without asking) a new cash card withe "Pay Pass" facility basically articles under �10 can be paid for without recourse to the P.I.N number.
I can't help but feel this is a step backwards in terms of security, if someone steals your card all they have to do is buy booze and ciggies for less than a tenner and then sell em on.
Anyone else agree?
I'm in and out all day today so I'm not ignoring yous...

[mccfluff]

never heard of it but can't say i'd be to comfy with the idea

[Daniela36]

It would only be the same as losing a �10 note.

[redcrx]

"It would only be the same as losing a �10 note"
yes, EVERY time they use it

[Daniela36]

There must be a limit on how many times it can be used though. It would be a good thing to have in an emergency surely?

[redcrx]

"You will occasionally be asked to undertake a PIN transaction for security reasons to enable us to confirm that the card is still with the authorised cardholder"
http://www.hsbc.co.uk/1/2/personal/credit-card s/paypass/faq;jsessionid=0000T_ZUUXbhG3QZ09V6C _L_sNA:12c58nvti

i dont actually see why contactless and pinless is the way forward. Most of the time even with card readers no-one else touches the card.

[leggysreturn]

security in the uk is crap anyway

ive been home and seen women in asdas using their hubbys card because they have the pin.

i still try to pay cash as often as possible even though i have credit cards etc

[123everton]

They have the option of asking for your P.I.N, but how many will, a crook will take the chance and if challenged just leave.

[leggysreturn]

most credit card fraud is for large amounts
by limiting this to under a tenner im sure the co0mpoany will happily reimburse any small discrepancies.

they are concentrating on major amounts

and they will ask for the pin dfor these.

therefore i see it as very sensible

small amounts are easily reimbursed .but if you want to use a stolen card for a large bill you will be caught id imagine?

and its the responsibility of the card holder to report any thefts immediately.
so there shouldnt be any real problem.

sounds like a step in the right direction to me.

[Daniela36]

I have a paypal card that you can top up like a mobile phone card. I never have more than �50 on it. If it's lost or stolen, that is the only ammount anyone can have. It does not have access to your bank details or bank account. I keep it for emergencies. Much more sense I think.

[Connemmara]

I got �1,000 taken from my current account by somebody who knew my number not my pin just the number on the card. About 4 years ago �780 was taken. Then recently �30 that was spent in Oxford on a top up mobile phone. I live in Northern Ireland. This card is never away from me again only to pay for items. It is true if you can buy with cash do so. I did not know this until last week cos I am working in the Credit Union and we are allowing customers to pay with their card. However two slips are printed out with xxxxxx then number and that is given to customer then the full number we keep. I nearly died no wonder they can use the cards. I have to say that I was reimbursed by Abbey within a few weeks.

[123everton]

If the thief buys ciggies and booze then these items can be exchanged for cash very quickly very easily.
10 shops in an hour could net an easy �50.
It's not the reimbursement I'm overly concerned about, it's that it appears less secure to me, why not just leave it as is/was?