That's interesting, I hadn't read through the small print yet and had been wondering why it was being touted as a more secure way of doing things. My sister lives in Australia and they have the contactless system over there - she said that every random number of purchases you have to enter a pin and that's how the keep an eye on it.if we lost the card and someone found it and used it for a few 15 euro purchases on the contactless system who would be liable for the money, and the girl she spoke to said we would .
I received mine a couple of weeks ago, after having received a new Laser in March (replacement for a stolen one) which had an expiry date in 2015 on it. They haven't made any allowance for anyone living abroad - you have to activate it by using it in a BoI ATM within two months. A pain but at least I can get back from Germany fairly easily, even if another trip home this year had not been budgeted for (yes, I could send it home to someone to do it for me but I try to be careful with my PIN besides not wanting the card to get lost in transit). If you don't activate it within the two months it becomes invalid, as does your laser card.