Limit on transactions without a pin code

[Lord777]

One of the simplest ways to steal money from bank cards using compact POS terminals (mobile payment terminals) using the contactless method is very common, it is not complicated and does not require powerful unique equipment. Fraudsters are able to write off up to $ 15 from your card without entering a pin code, but this is not the limit. The international payment system Visa (since April 13, 2019) is expanding this limit to $ 50, and a general increase to this figure is expected in the near future. In European countries, the limit reaches 100 euros and there is every reason that payment systems and banks on the territory of the Russian Federation will not be limited to $ 50, which is of course convenient, but not safe. For financial and trade organizations, this measure will help to increase the average purchase check, reduce the waiting time at the checkout and, as a result, make a big profit.

German storage accessories OPTEXX® will always help you to reliably protect cards from contactless skimming and protect you even with a higher transaction limit, since the fraudster's payment terminal simply cannot read the card while you store it in a shielded accessory. Come to our store where we will tell, show and test RFID protection on special equipment. The choice of the best option for a cardholder or wallet is yours!