While NFC technology does provide some additional security, scammers have found a way to capitalize on tap-to-pay to steal money from unsuspecting targets.
Venmo, PayPal, Apple Pay, Google Pay – every day consumers move away from traditional plastic in favor of contactless payment methods. Google redesigned its Google Pay app in 2020, announcing a ...
Contactless payments are convenient, but scammers are using ghost tapping to steal from unsuspecting consumers.
Ghost-tapping scammers exploit wireless technology to drain accounts through small transactions, but RFID-blocking wallets ...
Serge Beck, the founder and CEO of Omniwire, is driven by his belief that people deserve robust and secure financial services. Nearly 90% of U.S. consumers now use contactless payments, and this ...
You know those weird devices on the T that beep when you touch them? Well, those are contactless fare readers, and the MBTA has just brought them online. The MBTA announced their "Tap to Ride" program ...
ROSH PINA, Israel & WARSAW, Poland--(BUSINESS WIRE)--On Track Innovations Ltd. (oti) (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, has expanded ...
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Contactless card payment limit set to be scrapped in major shake-up to way shoppers pay at the tills
A major change which could affect the way you pay for your weekly shop is being considered by regulators. The cap on contactless card payments could be scrapped, meaning shoppers would be able to ...
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