I think it’s not acceptable, that we are forced by the banks to use a bankcard with a reduced security. With a card with PayPass function anybody can withdraw a lot of money – just he has to do it n small steps (20 EUR or what).
A few weeks ago i have loosen my card. Ok, it can happen, not a problem, You can apply for another one. the problem was, that I observed this only after 3 days, and the card was somewhere at the Heathrow airport…
It was a card with PayPass, so without any pincode or whatever it was possible to use it many times daily to pay less then 20 euros. OK, i invalidated the card through the net.
Later i tried to get a new card – without payPass, of course.
It was not possible. (?!?!?)
I cant understand this. in the card there is a chip and a special RFID antenna. During the “manufacturing”, or better to say, personalizing of the card should be possible to deactivate the RFID function. But this possibility does not exist.
Ok, searced the net after this type of stories. i have found some.
To know exactly, where the aerial is, you need an X-ray picture. Any card could have a different placed coil.
How a card with PayPass function looks like (this is mine)
And You can be sure: a card will not work with a punched antenna…
By the way – on the card You have written all the data, which You need to start an illegal internet transaction. So, I whipped off the 3 character CVC code from the backside of the card. It was not very easy, as it is burned with laser in the material. But a good knife goes deeper, then the laser 🙂
Am I paranoid? I don’t think so. I hate, when the bank decides in a question, which has a strong influence on my personal security.