That’s for visa, curve uses MasterCard…
Why are mastercard contactless payment more secure?
I guess we will see a mastercard hack in 2019
I don’t know, I’m not a hacker just the article you linked to was Visa not Mastercard…
I know it visa
But i was thinking it the same with mastercard
Wondering why mastercard was not even tested
Because the vulnerability was found with visa not MasterCard, I wouldn’t worry
Visa and Mastercard are different companies and use different systems.
Let’s wait and see how long it take to hack mastercard
As @Lucas said, they are different companies running different protocols of security. Yes, ofc, everything can be hacked, but from hacking in prepared environment to actual mass cash stealing is a long way. And those companies like VISA aren’t just looking at this, they are constantly fixing and improving their security systems. For example lately they introduced the system that monitors Your transactions based on location and habbits so If it detects transaction at 3:00 AM on gas station that were never done before by You it will require additional verification even if its for low amount of money.
what you refer to are risk engines, banks as well as card schemes use these to detect fraud. Curve has it’s own, there is some information here if you’d like to know more: https://resources.sift.com/case-studies/curve/
Always nice to get more knowledge, thank You.
I agree with OP.
Please add those options. They are standart in other fintech (which starts with R).
And purple ones beginning with S
You could certainly “remove”/demagnetize the magstripe…
Just take a strong magnet and make circles over the magstripe.
Seems like extreme. We need proper “software” way to deal with this.
Well you cant just “turn off” a mag stripe
Its pysically encoded.
Look at this clip https://youtu.be/OU4VoE15wIw?t=170
And if you never use a card or are destroying a card on purpose (an old card) that magneg technique is extreme but effective
You can disable the maag stripe with the revolut card
What he means is, he doesn’t want the mag stripe to deactived on the card, he just wants every Magstripe payment / charge to be declined
Is that not the same?
You can activate it again with 1 click
Having received a new card with the stripe and not having used the magnetic stripe for ages, this would be a very good feature to have to prevent card being cloned. Few other providers already support this feature.
Are there any options to request or vote for a feature?
Possibility to turn on/off certain card features can be voted for here: