{"id":5102,"date":"2015-12-19T14:00:10","date_gmt":"2015-12-19T07:00:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/contactless-payments-mean-card-fraud-now-happens-after-cancellation\/"},"modified":"2016-02-18T03:22:19","modified_gmt":"2016-02-17T20:22:19","slug":"contactless-payments-mean-card-fraud-now-happens-after-cancellation","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contactless-payments-mean-card-fraud-now-happens-after-cancellation\/","title":{"rendered":"Contactless payments mean card fraud now happens after cancellation"},"content":{"rendered":"


\nYou don\u2019t expect a bank account to keep being defrauded after you put a stop on your cards, but the rise of \u2018wave and pay\u2019 can mean just thatConsumers are at risk of falling victim to fraudulent payments made on contactless credit and debit cards that have already been cancelled following a loss or theft.Guardian research has revealed that banks do not automatically check many contactless payments, allowing thieves to continue to use stolen cards even after they have been cancelled. This is because some payments \u2013 such as when contactless cards are used to pass through London\u2019s tube network barriers \u2013 are waved through as offline transactions and only checked later. One bank told the Guardian that virtually all transactions for less than \u00a315 were not immediately checked. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Contactless payments mean card fraud now happens after cancellation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

You don\u2019t expect a bank account to keep being defrauded after you put a stop...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-5102","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1ki","jetpack-related-posts":[{"id":99,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contactless-card-transactions-top-120m\/","url_meta":{"origin":5102,"position":0},"title":"Contactless card transactions top 120m","date":"January 2, 2016","format":false,"excerpt":"\r \u2018Wave and pay\u2019 revolution starts to gather pace, although millions of people remain locked outOne in every 10 card payments we make is now contactless, suggesting that the \u201cwave and pay\u201d revolution is gathering pace, it emerged this week.Contactless payment cards were introduced in the UK in 2007, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contactless-payments-used-for-1bn-uk-purchases-in-2015\/","url_meta":{"origin":5102,"position":1},"title":"Contactless payments used for 1bn UK purchases in 2015","date":"February 26, 2016","format":false,"excerpt":"\r Increase in transaction limit to \u00a330 boosted spending by more than 200%UK shoppers made more than 1bn contactless purchases on credit and debit cards in 2015, and used the technology for almost one in eight of all card transactions in December.An increase in the amount that could be spent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5098,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contactless-payments-should-banks-force-us-to-use-them\/","url_meta":{"origin":5102,"position":2},"title":"Contactless payments: should banks force us to use them?","date":"January 17, 2015","format":false,"excerpt":"\r Millions of people happily use the new cards \u2013 but what if you don\u2019t want one?Welsh pensioner Maggie Thomas didn\u2019t ask for a contactless credit card, and didn\u2019t want one. But when she objected she was told by her bank she had no choice. Why, she asks, should she\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38897,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-shoppers-spend-more-than-ever-on-contactless-cards\/","url_meta":{"origin":5102,"position":3},"title":"UK shoppers spend more than ever on contactless cards","date":"December 22, 2016","format":false,"excerpt":"\r In London almost half of payments under \u00a330 are contactless, with Manchester and other cities also seeing big increasesThe amount spent by shoppers using contactless cards and devices soared by 164% last year, in another record-breaking year for increasingly popular \u201ctouch and go\u201d payments. Half of Britons now pay\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23625,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contactless-cards-grow-in-popularity-as-payments-reach-9bn\/","url_meta":{"origin":5102,"position":4},"title":"Contactless cards grow in popularity as payments reach \u00a39bn","date":"August 22, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Contactless cards grow in popularity as payments reach \u00a39bn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-britain-advances-as-contactless-and-debit-cards-thrive\/","url_meta":{"origin":5102,"position":5},"title":"Cashless Britain advances as contactless and debit cards thrive","date":"May 23, 2016","format":false,"excerpt":"\r Less than half of consumer payments were in cash in 2015, while direct debits were worth \u00a31.22tnBritain has passed another milestone on the path to a cashless society, with 2015 the first year that cash was used for less than half of all payments by consumers. Cash usage will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/5102"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=5102"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/5102\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=5102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=5102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=5102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}