France on alert by contactless cards theft

A Flaw in the contactless payment system means criminals can continue to use cards even if they have been reported stolen, warns consumer watchdog 60 Millions de Consommateurs.

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The system that makes the payments quick means cards can be abused even after a block, as they do not need the bank’s electronic approval.

Legally, the bank should reimburse the amounts – if you notice them and alert them.

There is also another safeguard: banks must put in place a limit to the number of combined
contactless payments either per day, week or month, as well as a fixed maximum of contactless payments before the code has to be used again.

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