That's why I find it hard to understand how a lot of these thefts don't involve negligence by the cardholder.No, same security on Android (except fingerprint instead of face)
I agree.That's why I find it hard to understand how a lot of these thefts don't involve negligence by the cardholder.
I'm quite belt and braces - I keep no more than €100 in any main wallet (rest in the vaults) and I turn off all features like ATM withdrawals, contactless payments, or online purchases.
If a thief has possession of either my card or my phone and not my PIN then there is literally no fraud they can execute that I can think of.
They don't have the ability to turn off different payment types.AIB now have the ability to freeze a card.Wasn’t aware of these features in Revolut…good to know. Are these features available for piller banks current accounts?
Not sure. Neobanks are usually a bit more advanced on this stuff.Are these features available for piller banks current accounts?
it means Apple Pay will continue to work with Face ID or your six-digit PIN.I see in Revolut that Apple Pay is not impacted if these features are disabled. What does this mean?
I only know that with Bank of Ireland you can freeze your credit card using the app. This blocks online purchases, taking out cash, in-store purchases. Apple or Google pay are not blocked with this or automated subscriptions.Wasn’t aware of these features in Revolut…good to know. Are these features available for piller banks current accounts?
I see in Revolut that Apple Pay is not impacted if these features are disabled. What does this mean?
BoI have had it for ages as well,They don't have the ability to turn off different payment types.AIB now have the ability to freeze a card.
As regards the safety of online banking apps like N26 I have become highly sceptical. What is to stop the fraudsters from gaining access to your phone, emailing N26 Bank saying they forgot the password, N26 resetting the password. Then they have access to N26 app they can easily reset the 4 digit PIN using the app ( which verifies this by either customer inputting token number on physical debit card or if unavailable by sending a verification text message). Hey presto they have a PIN to transfer everything out.That's why I find it hard to understand how a lot of these thefts don't involve negligence by the cardholder.
I'm quite belt and braces - I keep no more than €100 in any main wallet (rest in the vaults) and I turn off all features like ATM withdrawals, contactless payments, or online purchases.
If a thief has possession of either my card or my phone and not my PIN then there is literally no fraud they can execute that I can think of.
Do you not set a pin on your phone? Or fingerprint/biometric access? It would prevent anybody from accessing your phone to make a transaction.Can you elaborate on this, that there has been a violation by the account holder? My phone was stolen at a bar, then the thief made google pay transactions at multiple premises. The way I see it the only violation is trusting google pay and internet banks and having all of these and email on the phone that I walk around with. Now even with that you would expect Revolut and N26 to refund fraudulent payments. In replies from people on here or on Reddit etc there is this naivety about Revolut expressed / the false sense of security with phone payments that I had seems to be pervasive. In the meantime given that one cannot trust Revolut et al with one's money I have removed as much of this from the phone I walk around with and put a lock on my email app to ward against having a significant amount of money stolen again.
Pmc365 alludes to the potential that these are not 100% secure. The pickpocket could have grabbed the phone from me while it was in an unlocked state.Do you not set a pin on your phone? Or fingerprint/biometric access? It would prevent anybody from accessing your phone to make a transaction.
Pmc365 alludes to the potential that these are not 100% secure. The pickpocket could have grabbed the phone from me while it was in an unlocked state.
on Android there are various options for automatically locking your phone based on location or activity. Worth setting them up.
I had the experience in a bar in the US where they wouldn’t take Apple Pay and insisted on a physical card.interesting experience in the US last week, paying for a bill for $175 in a restaurant via Revolut, waiter took my card (it was always in my vision) but I had to give an electronic signature rather then a PIN.
I agree. Also, Revolut's premise is based on the user being in control of their phone, communicating with the user by in-app chat, and acting on instruction's given from within their app. If the user loses control of their phone, physically or virtually, the premise falls apart because there is no apparent alternative means for the user to communicate with Revolut.IMHO, it's very difficult for the average person to ensure that their phone and all their banking/financial apps have the most appropriate security settings to prevent fraud.
Sent out to the address of the owner of the card. You'd need to change this first (which I presume has some check on it) unless you fancy sleeping in his/her garden waiting for the posty.But I think you can apply for a debit card in the app
That's a vulnerability I never thought of, thanks.Interesting scam reported by the BBC where a thief stole phones and credit/debit cards from a gym. They then register the card on an app on their own phone. This triggers an SMS with a one time code to the user's phone, which the thief has, but which is locked. I believe that the default setting is to flash the content of an SMS to the screen even when the phone is locked. So the thief can see the one time code in the SMS and complete the card registration. After that, the thief can spend with the card.
So make sure that your SMS (and indeed any app notifications) are not visible when the phone is locked.
IMHO, it's very difficult for the average person to ensure that their phone and all their banking/financial apps have the most appropriate security settings to prevent fraud. I don't think it's fair, as some previous posters have done, to blame the victim for having done "something stupid". The fraudsters are incredibly clever and resourceful and it's difficult for an average person to keep up.
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