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Visa To Push Swipeless Credit Cards

Posted by Zonk on from the tossing-your-money-into-the-aether dept.

BobPaul wrote in to mention an initiative by Visa to allow for swipeless credit card transactions. From the article: "...consumers need only wave credit and debit cards within a few inches of a reader to complete a purchase. And for purchases of less than $25, no signature is required...Each transmission between card and reader has a unique code that cannot be reused even if it is intercepted". Update: 02/25 16:06 GMT by Z : References to RFID technology removed.

7 of 452 comments (clear)

  1. No, this is different by Anonymous Coward · · Score: 3, Funny

    It is secure. They're using SHA-1 hashes.

  2. Sure would nice... by hot_Karls_bad_cavern · · Score: 5, Funny

    to have the sales folks in a store be able to read the info, check your limit, and in *MY* case, simply leave me alone while i browse, since i'm always broke anyway and don't like to be hassled whilst i look at stuff i can't buy!

    Yes, it's a joke.

  3. Tinfoil by Mork29 · · Score: 4, Funny

    I've always wanted an excuse to carry around a wallet made of tinfoil.... it'll match my hat, and my under.... I mean socks....

  4. Re:People, this isn't RFID!!!!!!!! by gowen · · Score: 3, Funny
    You would think that a techie site like /. would know better.
    It's only a techie site because techies read it.

    The editors aren't techies. (Of course, they're not competent editors, either).
    --
    Athletic Scholarships to universities make as much sense as academic scholarships to sports teams.
  5. Give them a few hours, by Eternally+optimistic · · Score: 5, Funny

    It will be presented better in the dupe later today.

    --
    What keeps me going is my inertia.
  6. Re:Very Secure? by FLEB · · Score: 4, Funny

    Now that's convenient!

    The normal task of using a credit card:
    1.) Get out your wallet.
    2.) Get out the card.
    3.) Place the card in the reader
    4.) Swipe downward

    That Step 4 was just killing me!

    --
    Information wants to be free.
    Entertainment wants to be paid.
    You just want to be cheap.
  7. Re:theft by BloodSprite · · Score: 3, Funny

    Even better.

    Wear a T-shirt saying "pencil $19.95", "ask for a refund if not satisfied" and walk around in a crowd handing out pencils whenever your battery powered and cellphone internet accessed credit processing system successfuly charges someones credit card for "pencil" at $19.95 bucks.

    "Thank you, Here's your pencil sir"

    they look at you funny and take your pencil cause your some crazy guy wearing a backpack with antennas sticking out all over and a tin foil hat and they don't want to mess with you.

    You sold them a pencil, what crime was commited?

    They can ask for a refund if not satisfied...

    --
    Lifes a game play to win!