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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.

1 of 452 comments (clear)

  1. fuck VISA! by Anonymous Coward · · Score: 0, Offtopic

    My VISA credit card number got stolen last fall and they are still strying to hold me responsible for it! I had to take them to court and still didn't see a penny. After researching that issue I found out that I am not the only victim and that thousands of other people had their numbers stolen and have fallen victim to VISA and their well paid lawyers. Fuck VISA! No credit cards anymore, ever! Good old cash rules!