Contactless Limit To Go Up . . . .

[Canary42]

. . . . to £100.

Watch the banks try to wriggle out of reimbursing the inevitable rise in fraud claims.

https://www.ukfinance.org.uk/press/press-releases/contactless-limit-increase-100-15-october

[Jackdaw33]

What's the point of chip and pin, then?

[Spicerack]

Handy, innit.

[Zacs-Master]

Not Barclays
https://www.barclaycard.co.uk/personal/help/contactless-payments/fraud-protection

[AuntPG]

£30 was kind of ok, £45 a necessity perhaps during covid, but £100 is crazy. If Santander do this I'm asking for a replacement card without contactless facility.

[Spicerack]

Might limit the amount of Contactless crimes, jd.
Maybe there's an option to have chip & pin only cards, is there?

[gingejbee]

^ the Barclays link mentions their credit-card only...

[gingejbee]

^no idea about the huge gap!

[Tilly2]

You fell asleep on the space bar Ginge!

[gingejbee]

^seems a bit like it, Tilly...

[Zacs-Master]

It does ging. Apologies. Getting refunded for debit card fraud is fairly easy if you can prove you've not been negligent.

[Jackdaw33]

Between losing your card and reporting it whoever finds/steals it can have a field day. Will the banks reimburse for any losses before it is reported?

[Barsel]

Why did they make cards contactless in the first place?

[New Judge]

Sounds a good idea to me. Anything that makes it easier to carry out transactions can only be good. It remains to be seen whether banks increase their efforts to refuse reimbursement due to fraud. I must say I've had no experience of that. I have only experienced one episode of fraud in all the years I have been using cards and that was following the purchase of a ticket from my local railway station (via Chip & PIN). My CC provider actually contacted me because two identical transactions (mobile phone top ups) had been made shortly after I bought my rail ticket. They stopped my card, sent a replacement and the transactions were voided from my account within a day or two.

[Zacs-Master]

'I must say I've had no experience of that.'

Me neither. We experienced debit card fraud in California and the money was back in our account before we were home.

[ToraToraTora]

gawd canary I bet you're right laugh on a night out!

[AuntPG]

You could drop your Debit card in the car park of a supermarket, and by the time you realised at the checkout, someone could have paid for all of their shopping with it. How on earth could you prove it wasn't your transaction? Especially if you went every week to that particular shop?

[Peter Pedant]

you can ask for the contactless to be taken out

[AuntPG]

Yes PP thats what I said I would do earlier, if Santander put the limit up to £100

[Peter Pedant]

did the judge say - "because ay hev not been defrauded - it dont exist"?

well it does judgy baby -
it does cut out ( the card) on the third, but the loss before reporting is still the card holders and he(the teef) got away with free ( yeah free - geddit) bottles of wodka at a shop that knew it wasnt the right card holder.

dropped the card five times in tescos, and got it back three times and had losses twice

have the contactless taken out

[New Judge]

//did the judge say - "because ay hev not been defrauded - it dont exist"?//

No, the judge did not say that. In fact if you read his post properly, you will see that he said that he had been defrauded but that his CC provider reimbursed him promptly.

There seems to be an irrational fear among some that (a) they will suffer fraud (which is unlikely) and, if they are, that (b) they will have difficulty getting reimbursed by their bank (which is very unlikely). Reasonable assessment of risk does not seem very prevalent at the moment.