@JaredBusch said in Why aren’t chip credit cards stopping “card present” fraud in the US?:

@Dashrender said in Why aren’t chip credit cards stopping “card present” fraud in the US?:

@JaredBusch said in Why aren’t chip credit cards stopping “card present” fraud in the US?:

@Dashrender said in Why aren’t chip credit cards stopping “card present” fraud in the US?:

@nadnerB said in Why aren’t chip credit cards stopping “card present” fraud in the US?:

A significant majority of cards here in Au have a "tap 'n' go" feature. There are idiots the put a nail punch into the chip several times to "disable" the "tap 'n' go" feature to make their card "more secure"... which send them right back to magnetic strip swiping... #MeatwareMayhem

Even when it's important to them, the end user refuses to educate themselves.

While I'm not surprised to hear about hole punching - I've never heard about it - what, do they just not want to be more secure? Why kill the chip?

Because part of the chip is RFID capabilities. Stupid humans still.

I guess when I read his comment I thought the hole punch people were only trying to disable the chip, and not TAP, but their overzealous punching also caused damage to the TAP chip..

The RFID is not a separate chip. It still uses the same chip. The antenna may be on the other side, but the brains are all in the one chip.

OK I'd like to think this is right - as it would totally make sense.

the problem I have with it is that tapping takes a fraction of the time to authenticate a transaction compared to plugging the card into a reader - is the wireless read just that much faster? or is TAP really not doing an challenge response situation like chip is?

I had to try and find a key for QuickBooks here, what a nightmare. Didn't have the login for their online site, and getting a confirm sent by phone was impossible due to them only being able to send text message to the registered phone on the account. Or an automated call. the phone is an ip phone that cant get texts and is answered by an attendant, so neither of those worked.
So I had to call them. Or it, rather. Had some very nice and unhelpful computer voice tell me to talk to it like a normal person. Not happening. Hitting 0 doesn't work. Infuriated, I hung up, and proceeded to search through years of old email to find the key. Eventually found the key in an old file folder in a file cabinet.
Really wish we could get away from it.