The benefits of Contactless
Contactless card payments have been designed to make life easier for consumers.
- It’s fast
Touch your contactless card or device against the reader to pay in seconds.
- It’s easy
There is no need to find cash and you can easily track your purchases on your statement or your banking app.
- It’s secure
Contactless payments are safe and highly secure. They have the same protection as chip & PIN payments, making them safer than cash. Contactless cards and devices are embedded with multiple layers of security to protect you against fraud.
Contactless only works when a card or device is within a few centimetres of the terminal. This makes it virtually impossible for any details to be intercepted while in use. When you touch your card or device on a terminal, information is securely transmitted between the two. Any data obtainable from a contactless card is visible on the front of the card and would be of limited use to a fraudster - and couldn’t be used to make a cloned card.
For added protection from fraud, you will be asked to enter your PIN to verify a transaction from time to time.
If your card is lost or stolen, as long as you report it to your bank as soon as possible in accordance with your bank’s terms, you won’t have to pay for any fraudulent use.