Saturday 6 December 2014

@NAT - Contactless cards fail to recognise foreign currency

A flaw in Visa’s contactless credit cards means they will approve unlimited cash transactions without a PIN when the amount is requested in a foreign currency.
New research by experts at Newcastle University, UK, has highlighted a ‘glitch’ in the Visa system which means their contactless cards will approve foreign currency transactions (while still in the UK) of up to 999,999.99 in any foreign currency.
The solution is to wrap your card in foil or more practically line your wallet with foil which is essentially what a commercially produced RFID Blocking Wallet does.
Don't forget to also protect your passport as it contains the same vulnerable technology that could put your personal data at risk.

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