And she got her £300 refunded, correct?
Earning interest whilst its in their account(s).Cardholder payment networks are going the way of the cheque - visa and MasterCard are farked, but it'll take fifty years for them to finish dying.
You can avoid transaction fees through faster payments based systems, or possibly even Applepay. Apple batch up all transactions at the end of the day so they only pay for one transaction fee.
What is concerning is that it's just another way to make spending money easier and harder to self restrain.
Cardholder payment networks are going the way of the cheque - visa and MasterCard are farked, but it'll take fifty years for them to finish dying.
They have already changed debit cards to a % as opposed to a flat rate to retailers to take the payment. Partly good for lower value transactions hence retailers a bit more relaxed taking cards for small value. Although I still come across corner shops that want to slap 50p on the transaction if not cash.It is, but with Visa and MasterCard looking to reintroduce the charge for payment by card, to the cardholder, how long will they stay at their current usage?
You never know, they say we're living longer these days.I will be proper dead by then, so that's one less thing to worry about.
Duckem then. Can't stand those 50p extra merchants.They have already changed debit cards to a % as opposed to a flat rate to retailers to take the payment. Partly good for lower value transactions hence retailers a bit more relaxed taking cards for small value. Although I still come across corner shops that want to slap 50p on the transaction if not cash.
Applepay is just another way to use you credit card. It's the credit card that cares.I’m interested some posters are happy to use Android or Apple Pay. These would be the last two possibilities I would trust. I don’t know how these work but I can’t imagine Apple being remotely interested if my iPhone was stolen.
The downside to phone payment is losing the one device loses the ability to pay in this format. As most cards are contactless losing one is not a major issue.
Overall I feel very secure using contactless. Santander provide me with a direct number to a human being for all banking needs, those people are always helpful. I have text alerts on my phone to let me know whenever a transaction of £100 or more is made by any of my wife or my cards or on the accounts via direct debit etc. - this is instant usually before leaving the shop. The text alert can be used for any value so could be used as a security alert for say £25+ As it’s bill paying time I received 8 texts yesterday telling me of payments in and out of our accounts.
Contactless works really well for me and while appreciating all types of fraud are a big issue feel my own personal banking is very, very secure.
Cardholder payment networks are going the way of the cheque - visa and MasterCard are farked, but it'll take fifty years for them to finish dying.
You can avoid transaction fees through faster payments based systems, or possibly even Applepay. Apple batch up all transactions at the end of the day so they only pay for one transaction fee.
I thought I saw something on the news that next year card transaction fees will be scrapped? Still, you are right in that that depends on smaller shops having a card machine. As far as I know, Samsung pay (available in the UK next year maybe, and with an S6 or newer phone) will be able to replicate a standard card so you can use your phone to pay even if they shop has an old-fashioned chip and PINSome talk of Link 'rationalising' their free network of cash machines.
Could be a double whammy for those in remote areas, no easy access to a free cash machine and more retailers charging to use cards.
The carparks near me have done exactly the opposite, it is cheaper to pay by card.I similarly hate the 50p merchants, I've got one today at a train station car park. £7 plus 50p if you pay by card (of course I never have £7 cash). Sooner these go the better, their cost of processing a card payment is a few pence
You can get a little wallet to put them in to stop this.Apparently,my other half has one.I'm strictly cash only.Only ever use a card when I have to.Search contactless card wallet on fleabay,think there a quid or so.