Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 
456 posts

Ultimate Geek
+1 received by user: 26


  Reply # 606305 7-Apr-2012 02:42 Send private message

With the delay and annoying use of the current "Chip" cards now as a secure payment method there is definitely a lot of headroom for improvement on payment systems, Possibly with some form of Y/N/Pin system perhaps (Unlock app with pin for next XX Seconds).

It is definitely something I'd like to see in future.

Will note I have seen a couple of ASB cards floating around that have symbols on them looking like they have some form of NFC system in them, Pretty sure they where ASB.

19538 posts

Uber Geek
+1 received by user: 1363

Moderator
Trusted
Biddle Corp
Subscriber

  Reply # 606311 7-Apr-2012 07:44 Send private message

lucky015: With the delay and annoying use of the current "Chip" cards now as a secure payment method there is definitely a lot of headroom for improvement on payment systems, Possibly with some form of Y/N/Pin system perhaps (Unlock app with pin for next XX Seconds).

It is definitely something I'd like to see in future.

Will note I have seen a couple of ASB cards floating around that have symbols on them looking like they have some form of NFC system in them, Pretty sure they where ASB.


PassPass cards have been in NZ since Dec 2010. Virtually every new Mastercard issues by virtually all of the major banks is PayPass capable, and some banks are also now starting to issue PayWave Visa cards. NZ is a long way behind Australia though which is really leading the way globally in terms of NFC takeup and usage.

As for chip cards being slow this is purely a terminal issue. Older terminals on dialup can be slow due to all the processing that is required. They are also slow for mag stripe cards as well, but it's not so noticeable because they can begin processing the transaction once the card is swiped, unlike EMV transactions which require the dialup session to be established first to authenticate the card.

1 | 2 
View this topic in a long page with up to 500 replies per page Create new topic




Twitter »
Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:




News »

Trending now »
Hot discussions in our forums right now:

Moment of Truth?
Created by BarTender, last reply by gzt on 22-Sep-2014 15:42 (411 replies)
Pages... 26 27 28


GCSB Surveillance Vans?
Created by snowball, last reply by jjnz1 on 22-Sep-2014 21:48 (40 replies)
Pages... 2 3


Geekzone giveaway: ADATA SSD SP610 256GB and ADATA PV110 Power Bank
Created by freitasm, last reply by Elpie on 22-Sep-2014 23:15 (38 replies)
Pages... 2 3


Festival of Democracy
Created by gzt, last reply by sdav on 22-Sep-2014 23:31 (126 replies)
Pages... 7 8 9


Cheapest DSL with no contract in Auckland?
Created by TeaLeaf, last reply by TeaLeaf on 22-Sep-2014 17:52 (21 replies)
Pages... 2


Predict E(l)ection 2014 & win
Created by nakedmolerat, last reply by Geektastic on 22-Sep-2014 23:10 (83 replies)
Pages... 4 5 6


Electrical cable recall
Created by freitasm, last reply by richms on 22-Sep-2014 19:08 (17 replies)
Pages... 2


TV for under $1000?
Created by TeaLeaf, last reply by richms on 22-Sep-2014 20:46 (16 replies)
Pages... 2



Geekzone Live »
Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.

Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.