How Safe is Your Data with Contactless Payments?

Posted on September 09, 2014 by John Lynch |Leave a comment|

Radio-frequency identification (RFID) payment technology is here. It’s being used in smartphone retail payment solutions like Google Wallet, in prepaid payment cards like Transport for London’s Oyster card, and it’s being rolled out on debit cards for low-value goods up to £20.

There are already more than 20 million contactless credit or debit cards already issued in the UK and more than 80,000 merchant readers installed, with forecasters touting it for a big future because of the speed of use and convenience benefits it offers.

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