Contactless security

Facts about contactless payments

There’s been a huge rise in the use of contactless cards in the UK. One in four card payments are now contactless, totalling more than £3.3 billion every month. However with every new technology, myths develop about security. So what are the facts about contactless cards?

  • Contactless cards are built using the same secure system as Chip & PIN, so you can be fully confident when paying.
  • Every contactless card includes a range of robust security features which safeguard your information and protect you against fraud.
  • There have never been any confirmed reports of money being ‘stolen’ from a contactless card still in a cardholder’s possession in the UK.

And remember, unlike if you lose cash, if you are victim of card fraud you will get your money back from your bank and will never be left out of pocket.

Facts about contactless payments

There’s been a huge rise in the use of contactless cards in the UK. One in four card payments are now contactless, totalling more than £3.3 billion every month. However with every new technology, myths develop about security. So what are the facts about contactless cards?

  • Contactless cards are built using the same secure system as Chip & PIN, so you can be fully confident when paying.
  • Every contactless card includes a range of robust security features which safeguard your information and protect you against fraud.
  • There have never been any confirmed reports of money being ‘stolen’ from a contactless card still in a cardholder’s possession in the UK.

And remember, unlike if you lose cash, if you are victim of card fraud you will get your money back from your bank and will never be left out of pocket.

Source: Contactless security

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