will be good when they are imbedded into your mobile. i saw something about mobile phones being drilled into your teeth so they will always be available. a small chip inserted under your skin and linked to your accoutns could be handy too.
No, it's the other way around. The person claiming the money has to prove that it's a valid transaction, so apart from having to check transactions, it's not onerous at all for the purchaser.Banks promise to refund fraudulent transactions on unverified cards
but you have to tell them, and prove the transaction is not yours
they know that most do not check statements and the burden of proof is onerous
I used one the other day for the first time, sure it saved maybe 30 seconds of time at the register, but is this at the cost of the users security??
I won't be getting a paywave capable card That would be like carrying $1000's in your wallet. Lose your wallet, and someone can go on a shopping spree, spending up to $100 in dozens of stores or even more, until you notice your wallet is missing and manage to cancel the lost card
Nothing beats using a pin number, and ensuring you keep the keypad concealed. The only way to get scammed there is if the store is illegally recording the numbers being inputted on the keypad.