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Nairaland Forum / Nairaland / General / Business / Uba Contactless Cards Hit Industry High Of 3million (10436 Views)
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Re: Uba Contactless Cards Hit Industry High Of 3million by adrusa: 9:10am On Feb 20, 2018 |
Built2last: Not true for the UBA card. You will still be asked to input your PIN when the card and the POS made contact. |
Re: Uba Contactless Cards Hit Industry High Of 3million by Nobody: 9:37am On Feb 20, 2018 |
Built2last:Kinda nt secure |
Re: Uba Contactless Cards Hit Industry High Of 3million by Built2last: 9:43am On Feb 20, 2018 |
adrusa: Then its not NFC card 1 Like |
Re: Uba Contactless Cards Hit Industry High Of 3million by GavelSlam: 9:50am On Feb 20, 2018 |
adrusa: How then is it contactless? |
Re: Uba Contactless Cards Hit Industry High Of 3million by slysteel: 10:01am On Feb 20, 2018 |
I have had a UBA contactless card for 3 years now,a lot of thier atm cards are contactless but the user's don't even know about it,how to know your card is pcontactless is to look at it for a sign that looks like this below in the front of the card ,payments on contacless cards are capped,I am not sure but I don't think it's more than 5k,if you are going to make a payment higher then you need to put your pin,you can also not use contactless for more than 3 payments a day,check the front of your card for this design attached here.
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Re: Uba Contactless Cards Hit Industry High Of 3million by slysteel: 10:05am On Feb 20, 2018 |
It's a nice and quick way to make payments |
Re: Uba Contactless Cards Hit Industry High Of 3million by slysteel: 10:09am On Feb 20, 2018 |
Built2last:The same applies everywhere,your mad son or shopaholic wife can as well use the cards without your knowledge in Europe, same risk applies everywhere so what are you saying? |
Re: Uba Contactless Cards Hit Industry High Of 3million by Testapep(m): 11:21am On Feb 20, 2018 |
MemphisRaynes:that's true bro, rude staffs, went to get my ATM card they were telling me trash I. e no network |
Re: Uba Contactless Cards Hit Industry High Of 3million by adrusa: 11:54am On Feb 20, 2018 |
GavelSlam: I just got one recently and once a payment is processed for you and you bring your card close you will be prompted to enter your pin. https://www.ubagroup.com/mc/newsandevents/newstopic?id=20151116072226he7ke8gqcc “Ideally, for low value transactions, contactless payment card holders are not required to input their PIN but the Central Bank of Nigeria (CBN) currently mandates that all transactions on the POS require PIN entry,” says Mr. Adedeji. “So, for now, customers will still be required to input their PIN even for low value transactions. However, contactless payment cards still offer a superior level of convenience compared to the traditional payment cards” he explained. |
Re: Uba Contactless Cards Hit Industry High Of 3million by adrusa: 11:56am On Feb 20, 2018 |
Built2last: It is. See above. |
Re: Uba Contactless Cards Hit Industry High Of 3million by GavelSlam: 11:59am On Feb 20, 2018 |
adrusa: I think this defeats the whole contactless philosophy. I have a contactless care that simply requires a touch of my card on the console and voila, transfer takes place via NFC. |
Re: Uba Contactless Cards Hit Industry High Of 3million by FinanceHub: 3:27pm On Feb 20, 2021 |
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