All credit card hold must watch .

[drifter]

Drifter

If you lived in the US for a while, you get these stories run by newschannels especially in the midwest. All it does is cretae a buzz. The data that he gleaned from the proximity enabled cards are data that any sales assistant manning a cash register can see as they do card transaction and can see the cards as well the data in the cash register roll. In fact after the store closes, they can quietly collect all the data which can run into the hundreds instead of building such a device and getting close to people.

It is no different to asking people to keep their cars in the garage to avoid people copying their number plates and you ending up with the speeding ticket.

Its also explains why midwest are known for their crazies who build nuclear shelters, stockpile food, have an arms cache , use cash, don't use cellphone or wifi. And they believe in god big time.

yes bro , I heard from my American friends said that too .. But nowadays technology is so advance that the card reader they use are very high tech ... They don't even need to touch your card to steal your information . The card readers works like a Bluetooth ( just put the palm sized card reader near your pocket and it will instantly collect data on its on ) . Scary technology .

 

[drifter]

thanks Drifter.
BTW, when cashing up, i can see the credit card transactions. - customers names, what tye of card it is (visa, matercard, etc) BUT not the full credit card number. nor can i see the expiry date of the cards that have been passed thru the machine.

You are welcom Wendy , I think the machine u use are different from the one those scammer use .

 

[wendychan]

You are welcom Wendy , I think the machine u use are different from the one those scammer use .

this is in reference to how sales people are able to collect info at the end of the day..... from the system i am using and its one of the norm systems in use in retail in singapore, i cant see how its possible to collect info unless i swipe the card in a scam swiper when the customer is paying. maybe in the midwest, they are using different system so sales girl is able to collect info end of the day

 

[drifter]

this is in reference to how sales people are able to collect info at the end of the day..... from the system i am using and its one of the norm systems in use in retail in singapore, i cant see how its possible to collect info unless i swipe the card in a scam swiper when the customer is paying. maybe in the midwest, they are using different system so sales girl is able to collect info end of the day

Now they have contactless card reader in the market .. U dont have to swipe the card to get information data . Can just scan it through your pockets or handbags .

 

[StinkiePeasants]

thanks Drifter.
BTW, when cashing up, i can see the credit card transactions. - customers names, what tye of card it is (visa, matercard, etc) BUT not the full credit card number. nor can i see the expiry date of the cards that have been passed thru the machine.

The card that protects the consumers the most is AMEX. The consumer is always right with AMEX. The merchant is at the mercy of the cardholder if he decides to call up AMEX to request a chargeback. Merchants literally have no recourse with this type of abuse except filling a lawsuit which isn't always practical if the charge amount is not large enough and no lawyers will be interested to file a suit on behalf of the merchant.

When it comes to fraudulent charges, AMEX cardholders are the most protected. As for Visa and MasterCard, it depends on the anti-fraud policy of the bank that issues the card.

 

[drifter]

Im also surprise to find An Android application capable of siphoning credit card data from contactless bank cards has appeared on the Google Play store. The app was developed by a security penetration tester for research purposes and will steal card numbers and expiry dates, along with transactions and merchant IDs. It requires a near field device capable phone, or accessory !!

 

[Boliao]

This is old news.. a couple of years back, China discovered that a Tsing Hua graduate sold millions of yuen by building a RF receiver that pulls money out from subway cash card. This smart bugger avoided detection by taking out a couple of yuen per person. So small is it hardly noticeable.

He demonstrated his feat of how he put the device in his bag pack and simply walk from the end of the train to the end.. picking up hundreds of thousands of yuen per trip.

Not sure what heppen to him but I think he was executed.


Have you check your cash card balance recently? Do you keep your customer copy of you credit transactions?

 

[StinkiePeasants]

This type of electronic pickpockets apply to contactless cards that can make small payments without inserting the cards into the card reader machine. Examples of such cards are:

1. MasterCard PayPass http://www.paypass.com/tap_and_go/index.html

2. Visa payWave http://www.visaeurope.com/en/cardholders/visa_paywave.aspx

3. Hong Kong MTR cards

4. Singapore MRT cards

As for American Express, the cardholder will need to insert or swipe the AMEX card into the card reader machine to make a payment at the merchant. Hence, AMEX cardholders are better protected from electronic pickpockets.

 

[Jimmy1978]

Woah! That's quite unsettling..Amex is protected because they don't have a radio transmitter chip embedded in their cards right. Whereas the other cards all have. All my DBS credit cards have the chip, so that's why the scanner thingy works. But consumers are protected by the credit laws in singapore no? on DBS credit card singapore faq page, it saids that you can contest the charges and if it's proven that you are not responsible, you don't have to pay for it. Plus now their cards all got hp security code verification for online transactions.