Skip to main content
No. of Recommendations: 1
You might want to read through this information about contactless cards put out by Visa and Mastercard

Read it and am unconvinced. They haven't dispelled anything other than name and other data isn't transferred in a contactless transaction. I am not certain how secure the one time code is. It is better than no one time code.

I have considered trying to obtain a chip and pin card instead of my existing chip and signature cards.

Chip AND signature? HAHAHAHA I am rarely asked for a signature any longer when I insert my chip card into the terminal. I do still have to sign at restaurants where the wait staff takes the card, but at the restaurants where they have the terminals on the table, and the terminals are chip-enabled - no signature there, either. The only places where I regularly have to sign are the places where the terminals aren't chip-enabled, so I have to swipe the mag strip.


Signature isn't required for most small transactions. The table top terminals at the restaurants here require a signature. Signing with a finger makes for a very strange signature but not as bad as trying to sign with a mouse.
Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.