. . The date: September 21, 2014. Reading time 4 min.
It is enough to bring the card and make a payment without entering a PIN code. What else besides the simplicity and convenience of calculations attracts so much in this technology that it is used not only by banks, but even Apple company embeds in iPhone? New products from Visa and MasterCard - contactless plastic cards are designed to facilitate communication between customers and payment terminals.
Paying with one touch today is possible using bank cards issued using PayWave (Visa) or PayPass (MasterCard) technologies. How it works and what benefits this payment technology brings to the owner banking plastic?
A transmitter is built into the card, and a signal receiver is built into a special terminal, so there is no need for direct contact between the bank plastic and the payment device. Such a contactless card must still contact the payment POS terminal, but only once. Moreover, it does not need to be handed over to the cashier or seller, there is no need to insert it into the terminal or enter a pin code for transactions for small amounts. It is enough to bring it closer to the device and wait for a sound signal about the operation.
Pros of contactless cards:
Each bank has its own conditions for providing contactless cards, so other benefits may apply to a specific type of plastic. Let's see what options for such cards are offered to us. Russian banks.
A year ago, not many banks offered their customers the opportunity to get cards using PayWave or PayPass technologies, but now there are plenty to choose from. Let's compare the conditions of just three contactless cards from the whole variety of these innovative and so far unusual for domestic market products.
The classic version of a credit card, but with the function of a travel card - pay for travel in the Moscow metro with this contactless card. A small limit, but there is an opportunity to avoid service fees with its active use. Differentiated interest rate - from 15% for the first 3 months of using the loan to 24% per annum if the card debt is not repaid for more than six months and the borrower pays only minimum payments.
This credit card is favorably distinguished from competitors by the presence of grace period when withdrawing cash. But interest rate outside the grace period, it may not please, hell and the size of the service fee is more substantial than that of competitors for similar offers.
Large credit limit, which can be accessed upon presentation of additional documents to confirm solvency. The ability to use a credit card for free with a sufficient level of turnover on the card. However, somewhat inflated rates and a wide range of them, as well as the extension of the grace period only to non-cash purchases, somewhat spoil the picture.
The popularity of contactless cards has increased significantly over Last year. Last year, the British spent £2.32 billion using contactless bank cards. Let's try to understand the principle of operation of this novelty.
They can be used to pay for goods and services with a single touch on the cash register reader without the need to enter a pin code. The card contains a chip on which the account is stored, and an antenna that receives a signal from the card reader.
Card companies plan to limit the number of transactions at a time to 5. If the user needs more, they will need to enter a pin code.
The popularity of contactless cards has skyrocketed over the past few months as More and more people are finding this payment method convenient. There are currently about 58 million cards in circulation.
Some card issuers also provide their customers with special stickers to link the card to their mobile phone.
Special metal wallets exist to protect cards, although they have not yet proven effective. Nevertheless, it is known that if you wrap a card in tin foil, you can prevent reading information. For this reason, users believe that tin foil lining a wallet is one of the most effective ways protection.
To prevent the risk of accidental payment, it is advisable to remove the card you need from the wallet and attach it to the reader.
The developers believe that although the risks are small, it is still possible. However, the thief will have to stand so close to you that it will be difficult not to notice him.
According to the UK Cards Association, £153,000 was stolen from contactless cards last year compared to the total amount money spent (£2.32 billion). That's roughly £0.7 for every £100.
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Paying for purchases in a contactless way has already gained immense popularity in the world. For the CIS countries, it has not yet been mastered so much, but the speed of its distribution is growing exponentially. The country's largest financial institutions have become leaders in terms of offering new products. Sberbank contactless card - let's consider how it works in more detail.
Card with contactless payment technology – Bank card, equipped with a special chip that stores information about the payment data of its owner. By appearance it does not differ from the standard plastic cards points. On the front side are the name of the holder, number, expiration date, on the back - CVV-code.
With the help of such a tool, you can make all the same transactions as with a regular one. There are no restrictions or limits for such payment instruments.
Using the built-in chip, contactless payment with a purchase card, transfer of funds to other bank customers, payment for goods or services within the Russian Federation and abroad can be made.
How do contactless bank cards with chips work? Inside such plastic there is a radio antenna (NFC) that sends a special signal when transactions are made. This process eliminates the need for plastic owners to enter a PIN code to confirm payment.
The fundamental criterion for the possibility of such contactless payment transactions is the presence of a specialized POS terminal that can recognize the radio signal from the chip.
The payment procedure itself looks extremely simple: you need to attach a card to the POS terminal, after which a sound signal is heard about the withdrawal of funds, a check is printed. Actually, everything. The only caveat is that if the purchase amount is more than 1 thousand rubles, you still need to enter a PIN code.
If a specialized terminal is not installed at the point of sale, then such a card can be used to pay according to the standard scheme.
To make a contactless payment, just touch the card to the terminal
An NFC card of Sberbank is no more expensive to maintain than a regular debit one. The cost depends on the type of card and its purpose.
The amount of the subscription fee for the year of service varies for cards of different lines of banking products:
Cards can be served payment system Visa or MasterCard. In some cases, the first year of plastic use may be provided free of charge, and subscription fee charged from the second year.
To receive a card, it is enough to personally visit Sberbank. The NFC card will be issued to the client after verification of his application, which must be accompanied by photocopies of the passport and additional documents, if necessary. On average, the waiting period for the issuance of a personalized card is up to 10 days, unnamed cards of the Momentum category are issued immediately at the branch.
To understand how to use a contactless VISA or MasterCard card, you need to understand in more detail the options that it is equipped with. Thanks to the built-in chip, you do not need to enter a PIN code or wait for a receipt to print to pay for purchases. The phone simply receives an SMS message confirming the fact of debiting funds.
The contactless payment terminal communicates with the Sberbank server instantly, which significantly affects the speed of the transaction. And the absence of physical interaction with electronic devices reduces the risk of deformation or damage to plastic elements.
Payment by touching the card significantly reduces the risk of fraud, since the card is always in the hands of the owner of the plastic. Criminals will not be able to use copiers or photo devices to forge or manipulate card data.
To pay in a contactless way, a special terminal must be installed at the outlet
Sberbank specializes in issuing Visa and Mastercard plastic cards. For the Visa system, contactless payment technology is called PayWave, for MasterCard - PayPass.
The Wi-Fi icon on a bank card means it belongs to one of the payment technologies, and the presence of the name of the payment system will tell you which type it belongs to.
One-touch payment can be made with cards supported by the Visa payment system. Such cards are issued by Sberbank along with the leading financial structures RF. Belonging to the system is indicated by the presence of the corresponding icon on the front side of the plastic.
Banking products can be both debit and credit. Debit cards provided to participants salary project, physical and legal entities. A Sberbank card with a Wi-Fi logo allows you to pay for purchases in a contactless way.
The principle of using credit cards equipped with an NFC chip looks similar. Distinctive feature of this type of plastic is the need to reimburse the funds spent on time.
To see what plastic looks like paypass card, you can go to the Sberbank website, where a detailed line of products for contactless payment is presented. Such cards are serviced by the MasterCard payment system, which is also supported by the largest banking institutions in the world.
As part of the range of MasterCard PayPass plastic cards, debit and credit cards are issued. Debit can be linked to personal account the client in the bank, and may be intended for the accumulation of bonuses as part of participation in a particular program.
Credit can be provided for daily use, making loan payments or as a reward for a loyalty program for regular customers.
For different types plastic, there is a division according to the criteria of functional purpose, category of customers, banking program or service cost.
The Wi-Fi icon on the card means that it can be used for contactless payment
The main advantage of contactless cards is their ease of use. To pay for goods and services, it is enough just to hold the card over the reading scanner of the payment terminal. Truth, when making a payment in the amount of more than 1 thousand rubles, you still need to enter a PIN code.
The absence of physical contact of the card with electronic devices and other people increases the degree of security of its use. The risk of copying and fraudulent use of plastic data is reduced.
However, this is also a certain disadvantage of such cards. Fraudsters still find ways to bypass security systems. Recently, cases of the use of home-made devices that read information from the NFC chip have been recorded. At the same time, the theft of funds may often not be immediately noticeable to the plastic holder.
Not in all outlets countries now have specialized terminals for contactless payment. They are quite expensive to install, so not all sellers can afford it. But, in their absence, the card can be used as a normal one.
Some inconvenience can be delivered by the current limit of 1 thousand rubles. If the purchase amount exceeds this value, then the transaction must be confirmed by entering a PIN code.
Contactless payment cards have been issued in Russia since 2008. However, this banking product not widely used by users. To date, such cards are issued by about 50 domestic credit institutions. Statistical studies have provided data on the presence of contactless bank cards in just 2 million Russians.
Financial and credit organizations strive to keep up with the times, therefore they offer customers various novelties and convenient Financial services. Many of them are gaining wide popularity, others prove to be ineffective. Cards with contactless payment technology have proven their reliability and viability, therefore they are widely used by customers.
It is a kind of plastic cards that are used in the access control system, as well as in payment systems. The peculiarity of the card is that the information is read by the device without direct contact. An electromagnetic signal is transmitted between the antennas between the card and the receiver. In the financial sector, this technology has gained wide popularity. In large cities, many customers pay with contactless bank cards. Implementation of contactless payments is possible with the use of various modern gadgets. The article will provide complete information about the features of contactless technology, as well as its undeniable advantages and some disadvantages.
Devices that use such a system are not a curiosity, so it is difficult to surprise anyone with them. With the help of such systems, you can make payments in shopping malls and various public places. Payments can be made not only with plastic cards, but also using a phone, smart watch or key fob. However, until recently, no one suspected such a technology.
Contactless technology quite young, since it began to develop from XXI century. We were the first to launch the new VISA and MasterCard systems. A real breakthrough in this area occurred in 2013 in Kazan at the World Summer Universiade. AK BARS Bank has implemented several unique projects using NFC technology. This technology is responsible for receiving data and is used in receivers for wireless data transmission over a small radius. It is used in smart watches, smartphones, tablets and POS terminals. Users of this system highly appreciated multi-service cards, which combined one-touch payment, ticket service, and loyalty card. Since this banking product is quite multifunctional, the contactless card receives positive reviews.
Today, contactless payment technology is used everywhere, but not everyone knows how it works. this system. The technology is based on the principle of the exchange of electromagnetic waves between the card and the terminal. This allows you to read information at a distance without additional contact and entering a pin code. Standard RFID, which is supported by bank cards, is the most popular way to automatically identify objects. An RFID tag on a bank card includes several microcircuits that process data and an oscillatory circuit.
Due to the electromagnetic signal from the reader, an electromagnetic current appears in the antenna and emits a high-frequency signal. NFC always emits an electromagnetic field that powers the chip on the card in order to exchange data. The NFC system allows you to define the physical standard for the interaction of connected devices and a set of protocols. Since the signal exchange takes place over a short distance, the card does not need to be taken out of the wallet. If paying with a wallet, you need to make sure that there are no other cards with similar technology. Otherwise, payment will be made from the card with which the signal passes the fastest. A contactless card is becoming more and more popular, there are different reviews of a bank payment card, but many users note that this product is simple and convenient to use.
A special chip with an antenna is built into the contactless bank card, which transmits data on the payment made over the air. In a store that accepts this species cards, a contactless terminal must be installed. To make a payment using a contactless bank card, it is enough to attach a "plastic" to the terminal.
Payment is instant, and for the operation it is not required to enter a PIN code (when making purchases up to 1000 rubles). You can issue a bank card in the system MasterCard (PayPass) or VISA (payWave technology). The first option in the lines of domestic banks is much more common. The the banking product is presented in the form of credit, debit, co-branded, classic, premium and standard cards. The terms of service and the cost of acquiring such a product are determined by the issuing bank.
In order to make a contactless payment for goods, you need to make sure that the technology is available PayWave or PayPass in selected terminal. As a rule, logos are pasted directly on the terminal, so it will not be difficult for the user to find out about the availability of this technology. Contactless card feedback on the system is positive, as users claim that payment for goods occurs in a matter of seconds. The sound signal of the terminal will inform you about the fact of the payment. You should be aware that you do not need to transfer a plastic card to the seller. When making purchases up to 1000 rubles, the client does not need to enter a PIN code.
When making a payment with a contactless card outside the country, the amount of the restriction should be clarified with the cashier. Some countries provide for payment of the purchase by contact method if a certain limit is exceeded. In this regard, the contactless card of Sberbank receives diverse reviews, since not all customers are satisfied with this restriction. Card users do not have to worry about double payments or double payments. This is prevented by a special exchange protocol. To make a re-payment, the seller will need to dial the amount again at the terminal.
Having a general idea of this technology, you can analyze its advantages. This method has its strengths and weaknesses.
Among the undeniable advantages are the following:
For the reasons listed above, the contactless card receives positive feedback from users, since this tool greatly simplifies mutual settlements.
In addition to the advantages presented, there are the following disadvantages of contactless plastic cards that you should be aware of:
The cost of installing reading terminals is quite high, so not every store can afford to use this technology. In this regard, cards have become widespread only in large cities and large shopping centers. However, this technology is developing rapidly, therefore, over time, it will lead to a decrease in the cost of equipment and its widespread use. To ensure maximum safety of funds, it is recommended to use covers that allow you to shield the outgoing radio signal. The limit of 1,000 rubles for making a one-time payment causes a negative impression for many users. However, this inconvenience is designed to increase the safety of use, since the safety of funds is of great importance.
Theft of money from cards has always been a common type of fraud. But with the advent of contactless payment cards, it has become even easier for criminals to steal other people's funds. If the contactless owner Visa cards PayWave or MasterCard PayPass, then you are at risk when you can very quickly and imperceptibly withdraw your money from your account.
Banks offered their customers new cards equipped with contactless payment technology - Visa PayWave and MasterCard Pay Pass. The purpose of their release is to facilitate the processing of payments and reduce the time spent on financial operations. These cards differ in that there is no need to swipe them through the terminal. It is enough just to bring them to the reader, and the money will be written off. There is no need to even take the card out of the wallet. When paying for goods or services worth up to 1000 rubles, you do not need to enter a pin code. You just need to bring the card to the reader. Paying with them is fast and convenient.
But it is precisely the fact that money can be debited from the card at a distance using a special device without the need to enter a pin code or put a signature, which made them easy prey for scammers. Zecurion calculated that in the first quarter of 2016 alone, about 1 million rubles were stolen from such cards.
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To withdraw money from a contactless payment card, it is enough for a fraudster to purchase or make a special reader on his own and approach the victim with it at a distance of up to 20 cm. Even at such a distance, the device reads data from the card.
Contactless cards are equipped with special RFID chips, and devices that allow you to get information from them are called RFID readers. The fraudster only needs to bring it as close to the card as possible. So that the victim does not notice anything, thefts usually occur in crowded places - public transport, a market, a crowd of spectators at a concert, etc. The criminal only brings the device to the pockets of a person or his bag unnoticed by him. There is no need to even bring it too close - 10-20 cm is enough. A few seconds, and all the data is in his hands.
The criminal either uses them to make payments through online stores that do not require a password or CVV code. However, there is a restriction for owners of a contactless card - the amount of the transaction should not exceed 1000 rubles, only in this case there is no need to enter security data. But there are no restrictions on the number of transactions, so the fraudster can carry out several of them until he uses all the available funds on the victim’s card.
Also, some criminals make "white cards" on which a magnetic strip with the data of the victim's card is applied. After that, they withdraw money from an ATM.
According to Zecurion, an information security company, in 2015 more than 2 million rubles were stolen from contactless cards of Russian citizens. As the number of users of such cards grows, the theft of money will increase accordingly. Zecurion experts predict that at least 2.5 million rubles will be stolen in 2016, by 2017 this figure may reach 5 million rubles.
It is almost impossible for the owner of a contactless payment card to protect himself from a fraudster, since it is very difficult to notice him in the crowd in which the criminal is operating, especially considering the fact that he uses the reader covertly. Therefore, you can find out about the theft of money only after they have been debited from the card. But there are ways to help reduce the risk of theft of funds:
There are also wallets and cases on the market that purportedly protect the card from being read, but no research has been conducted on whether they are really capable of preventing theft or not. Therefore, do not rush to buy them.
