In article , says...

On 9/30/2012 10:34 AM, Meyer wrote:
On 9/30/2012 10:27 AM, iBoaterer wrote:
In article ,
says...

On Sun, 30 Sep 2012 08:52:15 -0400, iBoaterer wrote:

In article ,
says...

On Thu, 27 Sep 2012 23:34:16 -0400, wrote:

On Thu, 27 Sep 2012 15:26:24 -0400, GuzzisRule
wrote:

...learned something new today.

This demo is surprising. Check your cards.

http://youtube.googleapis.com/v/lLAFhTjsQHw%26sns=em


No RFID cards here

Think Passport and/or TWIC cards.

We are WAY behind Europe in regards to personal finance like debit
cards, etc.

How? You mean I don't REALLY have a debit card?

In Europe they use pre-loaded smart cards.

Preloaded with what? Please don't say, your money.

I think we here in the US call them....

wait for it...


Debit cards!

There you go...

Uh, are you as stupid as you post???

"iBoaterer" wrote in message
...

In article , says...

On 9/30/2012 10:34 AM, Meyer wrote:
On 9/30/2012 10:27 AM, iBoaterer wrote:
In article ,
says...

On Sun, 30 Sep 2012 08:52:15 -0400, iBoaterer wrote:

In article ,
says...

On Thu, 27 Sep 2012 23:34:16 -0400, wrote:

On Thu, 27 Sep 2012 15:26:24 -0400, GuzzisRule
wrote:

...learned something new today.

This demo is surprising. Check your cards.

http://youtube.googleapis.com/v/lLAFhTjsQHw%26sns=em


No RFID cards here

Think Passport and/or TWIC cards.

We are WAY behind Europe in regards to personal finance like debit
cards, etc.

How? You mean I don't REALLY have a debit card?

In Europe they use pre-loaded smart cards.

Preloaded with what? Please don't say, your money.

I think we here in the US call them....

wait for it...


Debit cards!

There you go...

Uh, are you as stupid as you post???


--------------------

No he is confused. We have preloaded cards here. Those with bad credit use
them. Europe uses debit cards just like us. Linked to your bank account.
You must not have ever been to Europe, or only for a short vacation, as you
seem to be lacking in experience. Debit cards are not normally preloaded,
but credit cards than can be used as debit are.

On 9/30/2012 3:38 PM, Califbill wrote:
"iBoaterer" wrote in message
...

In article , says...

On 9/30/2012 10:34 AM, Meyer wrote:
On 9/30/2012 10:27 AM, iBoaterer wrote:
In article ,
says...

On Sun, 30 Sep 2012 08:52:15 -0400, iBoaterer wrote:

In article ,
says...

On Thu, 27 Sep 2012 23:34:16 -0400, wrote:

On Thu, 27 Sep 2012 15:26:24 -0400, GuzzisRule
wrote:

...learned something new today.

This demo is surprising. Check your cards.

http://youtube.googleapis.com/v/lLAFhTjsQHw%26sns=em


No RFID cards here

Think Passport and/or TWIC cards.

We are WAY behind Europe in regards to personal finance like debit
cards, etc.

How? You mean I don't REALLY have a debit card?

In Europe they use pre-loaded smart cards.

Preloaded with what? Please don't say, your money.

I think we here in the US call them....

wait for it...


Debit cards!

There you go...

Uh, are you as stupid as you post???


--------------------

No he is confused. We have preloaded cards here. Those with bad credit
use them. Europe uses debit cards just like us. Linked to your bank
account. You must not have ever been to Europe, or only for a short
vacation, as you seem to be lacking in experience. Debit cards are not
normally preloaded, but credit cards than can be used as debit are.


Exactly what I said... we call them debit cards here, and they are by
nature preloaded because they only work if you "load" your account with
money first.... The guy is a dope...

In article , says...

On 9/30/2012 3:38 PM, Califbill wrote:
"iBoaterer" wrote in message
...

In article , says...

On 9/30/2012 10:34 AM, Meyer wrote:
On 9/30/2012 10:27 AM, iBoaterer wrote:
In article ,
says...

On Sun, 30 Sep 2012 08:52:15 -0400, iBoaterer wrote:

In article ,
says...

On Thu, 27 Sep 2012 23:34:16 -0400, wrote:

On Thu, 27 Sep 2012 15:26:24 -0400, GuzzisRule
wrote:

...learned something new today.

This demo is surprising. Check your cards.

http://youtube.googleapis.com/v/lLAFhTjsQHw%26sns=em


No RFID cards here

Think Passport and/or TWIC cards.

We are WAY behind Europe in regards to personal finance like debit
cards, etc.

How? You mean I don't REALLY have a debit card?

In Europe they use pre-loaded smart cards.

Preloaded with what? Please don't say, your money.

I think we here in the US call them....

wait for it...


Debit cards!

There you go...

Uh, are you as stupid as you post???


--------------------

No he is confused. We have preloaded cards here. Those with bad credit
use them. Europe uses debit cards just like us. Linked to your bank
account. You must not have ever been to Europe, or only for a short
vacation, as you seem to be lacking in experience. Debit cards are not
normally preloaded, but credit cards than can be used as debit are.


Exactly what I said... we call them debit cards here, and they are by
nature preloaded because they only work if you "load" your account with
money first.... The guy is a dope...

Pin and Chip, look it up because I know that you haven't a clue.

In article ,
says...

On Mon, 1 Oct 2012 09:07:31 -0400, iBoaterer wrote:

Pin and Chip, look it up because I know that you haven't a clue.


What happens when you lose a pin and chip card?
If the totals are really stored in the cloud, why is it different than
a regular debit card? Both count on the security of the PIN
If someone somehow figures out your PIN (maybe watching you punch it
in, recorded on their phone) how is it any more secure when they steal
your wallet?

In that instance it's not any safer. But that's not how most card thefts
occur.

http://en.wikipedia.org/wiki/Chip_and_PIN

In part:

Under the old system, a customer had to hand their card to the assistant
to pay for a transaction. When credit cards were first introduced,
offline portable card imprinters (mechanical rather than magnetic) which
did not connect to the card issuer were used without the card leaving
the customer's sight; transactions over a certain limit had to be
verified by telephoning the card issuer. Later equipment was introduced
which electronically contacted the card issuer using information from
the magnetic stripe to verify the card and authorise the transaction;
this was much faster, but had to be in a fixed location. Consequently,
if the transaction did not take place near a terminal (in a restaurant,
for example) the card had to be taken away from the customer to the card
machine. It was easily possible at any time for a dishonest employee to
swipe the card surreptitiously through a cheap machine which would take
a couple of seconds to record the information on the card and stripe; in
fact, even at the terminal, the criminal could bend down in front of the
customer and swipe the card on a hidden reader. This made illegal
cloning of cards easy, and a common occurrence.
Since the introduction of Chip and PIN, cloning of the chip is not
feasible; only the magnetic stripe can be copied, and a copied card
cannot be used on a PIN terminal. Fortuitously, the introduction of chip
and PIN coincided with wireless data communications technology becoming
inexpensive and widespread, and wireless PIN pads were introduced that
could be brought to the customer and used without the card ever being
out of sight (this would have been possible, had the technology been
available, with magnetic stripe cards). Chip and PIN and wireless
together reduce the risk of cloning of cards by brief swiping.

I suspect that because it's newer technology you and the righties don't
want it, correct?

In article ,
says...

On Mon, 1 Oct 2012 14:17:54 -0400, iBoaterer wrote:

In article ,
says...

On Mon, 1 Oct 2012 09:07:31 -0400, iBoaterer wrote:

Pin and Chip, look it up because I know that you haven't a clue.


What happens when you lose a pin and chip card?
If the totals are really stored in the cloud, why is it different than
a regular debit card? Both count on the security of the PIN
If someone somehow figures out your PIN (maybe watching you punch it
in, recorded on their phone) how is it any more secure when they steal
your wallet?

In that instance it's not any safer. But that's not how most card thefts
occur.

http://en.wikipedia.org/wiki/Chip_and_PIN

In part:

Under the old system, a customer had to hand their card to the assistant
to pay for a transaction. When credit cards were first introduced,
offline portable card imprinters (mechanical rather than magnetic) which
did not connect to the card issuer were used without the card leaving
the customer's sight; transactions over a certain limit had to be
verified by telephoning the card issuer. Later equipment was introduced
which electronically contacted the card issuer using information from
the magnetic stripe to verify the card and authorise the transaction;
this was much faster, but had to be in a fixed location. Consequently,
if the transaction did not take place near a terminal (in a restaurant,
for example) the card had to be taken away from the customer to the card
machine. It was easily possible at any time for a dishonest employee to
swipe the card surreptitiously through a cheap machine which would take
a couple of seconds to record the information on the card and stripe; in
fact, even at the terminal, the criminal could bend down in front of the
customer and swipe the card on a hidden reader. This made illegal
cloning of cards easy, and a common occurrence.
Since the introduction of Chip and PIN, cloning of the chip is not
feasible; only the magnetic stripe can be copied, and a copied card
cannot be used on a PIN terminal. Fortuitously, the introduction of chip
and PIN coincided with wireless data communications technology becoming
inexpensive and widespread, and wireless PIN pads were introduced that
could be brought to the customer and used without the card ever being
out of sight (this would have been possible, had the technology been
available, with magnetic stripe cards). Chip and PIN and wireless
together reduce the risk of cloning of cards by brief swiping.

I suspect that because it's newer technology you and the righties don't
want it, correct?


If you keep reading you find out these cards have been cracked and
they are thinking about a rewrite of the whole system

http://en.wikipedia.org/wiki/EMV#Vulnerabilities

I think I will wait.

Of course you will.

wrote in message ...

On Mon, 1 Oct 2012 09:07:31 -0400, iBoaterer wrote:

Pin and Chip, look it up because I know that you haven't a clue.


What happens when you lose a pin and chip card?
If the totals are really stored in the cloud, why is it different than
a regular debit card? Both count on the security of the PIN
If someone somehow figures out your PIN (maybe watching you punch it
in, recorded on their phone) how is it any more secure when they steal
your wallet?

-------------------------------
That way they are not any different than our cards, but can not be cloned so
easily, and you may only lose a day's money, instead of a couple weeks until
your bill comes in.