1 - Thanks!
2 - I don’t get it, using only contactless payments, once the limit has passed, do I have to enter the PIN on the next contactless operation? Or I WONT be able to pay contactless anymore before using the card physically at least once? I understand these are daily limits? Or monthly?
Neither. These are ‘single transaction’ and ‘accumulated spend’ limits.
I believe this depends on whether contactless pin exists in your country. For me (in the Netherlands) it’s good enough to enter the pin on the contactless transaction. Others (e.g. in the UK) won’t be able to pay contactless anymore before using the card physically (Chip&Pin) at least once.
Well, my local banks here works with contactless PIN. So I hope I can use the Curve card contactless with PIN once the amount limit has been reach. 30 EUR seems low, by the way, and a PIN every 150 EUR its OK, as long as I can input the PIN on the same contactless operation.
So, I changed the PIN because I found an Euronet ATM on my city, and then I made a payment of 38 EUR (NFC) and the card still didn’t ask for the PIN. According to your link, the limit in the euro zone is 30, could it be that MasterCard raised that limit to 50? In any case, I hope to reach the 150 amount in the next few days and see what happens.
Oh OK, I didn’t know if the table you showed me was about Curve system or the actual MasterCard system. I’ll keep waiting to check if the PIN is enough after the limits, or if I have to use the physical card once in a while.
Just to be certain, because I am not sure if you are referring to a NFC payment with the physical Curve card or with X-Pay with a phone or watch…for NFC payments with apple pay, GooglePay et cetera different rules apply than for NFC payments with your physical card.
When I use my card’s bank through my phone’s NFC, I’m asked for the PIN once in a while, or if the amount is high. Can’t this be done with curve? Is it a “limitation” of the Curve system? I understand my phone should be safe, but, are you saying that, if I lose my smartwatch, anyone could pay without PIN requirement, not even once in a while? I think this scenario is a bit weak from a security point of view.
Not sure about your smartwatch. But I have GooglePay on mine. GooglePay requires that I have a pin, pattern or passcode on my watch. If I take the watch of my wrist, it will ask for this pin, pattern or passcode, so someone who finds it will never be able to pay with the watch if he/she doesn’t know the pin, pattern or passcode.
When I pay with this watch with GooglePay (and with the Curve card selected) I should never be asked by the POS for my card PIN. This is because, as I said, the strong customer authentication is done on the watch. I don’t use NFC payment on my phone.
On my phone, my bank’s app, my watch is a Mi Band 6 and I guess it’s through some Xiaomi’s system. I have the passcode thing on the band too, but I don’t know how secure the device is. In any case, it would be nice if Curve had the option to ask for the PIN from time to time or for high quantities, regardless of NFC or devices used.