Pay wave fees

[Bullant4x4]

Just watched the news and Aldi charge for paying with pay wave even if it's a debt card. They will charge you as if you are paying by visa.

They say it's up to the shop but all shops can legally charge you a fee to use pay wave.

[Squalo]

That might explain why staff at the till in shops I visit ask if I want to pay-wave it... I'll stick to the old plug-in or swipe. Thanks for the heads-up

[Bird]

I've hacked my card to stop paywave working, bloke at work discovered how to do it first
I think he has done about a dozen cards at work now for staff who don't want it.

[Swannie]

It's simple, pay cash.. They are generally only passing on the costs they get charged from the banks

Swannie

[DaveR]

Thanks for letting us know that one.   

I dis-arm the pay way on our cards, it is easy to do it.

The best way is to have a fine tip felt marker pen handy, even dry wipe type, then hold the card over a torch when turned on in a darkened room.
The light will shine through the plastic and you'll see the wires in between the layers of plastic which spread out from the chip.
Mark where some of these wires run, somewhere away from the chip is prefered so you don't damage the chip.
Then when marked, hold the card over a smooth timber surface, not the nice furniture, but rather a bit of off cut timber, then gently punch a hole through the card with the smallest tip flat blade screw driver you can find.
The broken connection will render the paywave feature in the card useless.
Then run in to bunnings for a test.
Each time I have done this, I have kept the chip and magnetic strip working well with this method, and had the pay rob thingy fail when tested.
A friend at bank X tells me they are looking at releasing cards without it as they get so many folk either doing this or asking for it to be removed.

[whitedg]

All these NFC (Near Field Communication) cards will be processed as a credit card, hence the credit card fees when paying at places like Aldi. Use the same card (so long as it is a debit card) with a swipe or insert into the EFTPOS machine and no fees.

Only problem is for people who are using the NFC chip in their phone (or the stick on NFC), as they cannot be inserted into the machine, so either use the card, or pay the fee.

Cheers
whitedg

[Bird]

Bring back cash... and being paid in cash once a week in ya yellow envelope.

[Bullant4x4]

Bring back cash... and being paid in cash once a week in ya yellow envelope.

I use to get $550 a week back in 1986/87. Was about the last time I got paid cash.

[Moggy]

Is that legal? I'd then tell them to put it back & walk away. I don't like the pay wave , but have never had to pay extra

[nab]

I go my new Visa debit card which has 2 accounts linked to it, personal and work.

A couple times I went to insert my card and Paywave automatically did its thing. Only problem was it was linked to my work account so anything I bought on Paywave was paid from the work account 

Went into the bank and they said something about the visa cards only being able to work that way blah blah.

I now have and old style debit card with no credit/paywave facility 

[letsgoplaces]

http://www.visa.com.au/include/Consumer_Fact_Sheet_Surcharging2013.pdf


Retailers must prominently disclose their surcharge rate
or amount at the point of sale
•
Retailers must prominently disclose any surcharge rate
or amount on their website

So you shouldn't be charged without knowing about a surcharge

Cheers
John

[Black Diamond]

How much they charging? Don't have one myself but the misses uses hers everyday

[Nay-DMAX]

http://www.visa.com.au/include/Consumer_Fact_Sheet_Surcharging2013.pdf


Retailers must prominently disclose their surcharge rate
or amount at the point of sale
•
Retailers must prominently disclose any surcharge rate
or amount on their website

So you shouldn't be charged without knowing about a surcharge

Cheers
John

At Aldi it comes up on the machine before you proceed that there will be a surcharge if you are using a CC not sure about paywave and I haven't noticed if they have any other signs.

[Kiwijohn]

Love Paywave and is my preferred way of paying.

Has anyone been left out of pocket by fraud on these? My understanding is the CC company's won't let you because of their rules and bad press (also merchant Bank pays not CC company) - unless you do something stupid like not reporting lost card or lending to friend.

Also I can't see the difference between this and signature, I used one credit card that wasn't signed for a good six months before being picked up on it.

John

[Bird]

Also I can't see the difference between this and signature

Really? one they have to check a signature (if there is one ) and the other anybody on earth can use your card..

With everything we live with these days becoming electronic, its only going to get worse and worse as the years go on with electronic crime
Like the article in todays paper with over 1 BILLION usernames/passwords and info stolen recently by some Russian crime gang..

[Bullant4x4]

They charge 0.5%

https://www.aldi.com.au/en/about-aldi/customer-information/faqs/payments/

[dlncooke]

I've hacked my card to stop paywave working, bloke at work discovered how to do it first
I think he has done about a dozen cards at work now for staff who don't want it.

Good idea, it will stop the walk past cons trying to scan/scam your card. I never use it anyway.
ING don't charge any fees on any ATM transactions, doesn't matter who's ATM it is.

my 2 cents worth

Dave

[ozstickman]

Good idea, it will stop the walk past cons trying to scan/scam your card. I never use it anyway.
ING don't charge any fees on any ATM transactions, doesn't matter who's ATM it is.

my 2 cents worth

Dave

Might have to change bank accounts. I got a house loan with them. Only problem not having a branch is it makes it hard to deposit cheques for my business account.


Sent from my Ring-a-ding-a-ling

[macca]

'

[Kiwijohn]

Really? one they have to check a signature (if there is one ) and the other anybody on earth can use your card..

With everything we live with these days becoming electronic, its only going to get worse and worse as the years go on with electronic crime
Like the article in todays paper with over 1 BILLION usernames/passwords and info stolen recently by some Russian crime gang..

Passwords are a different story, if these are stolen it is your risk. Change regularly and do not double up, I have been caught out doubling up but lucky it was only my email that was hacked.

Paywave is not your risk, it's either the Banks or CC companies and they would have done a cost v risk analysis and decided it was profitable. Signature isn't worth discussing as there is no such thing anymore but pin is your responsibility to make sure no one else gets it.

I have a CC without chip, find most of the time when I use it, example today $25 BigW, I do not need to use pin, just swiped and walked out.

My credit card doesn't stress me, my internet Banking does - they could clear out my accounts, redraw mortgages in no time at all.

John

[gronk]

Change your passwords ??

You're joking......it's taken me 2 yrs to remember all of them  !! 

If I changed my passwords regularly, I'd have to carry the passwords around on a piece of paper....now that would be far worse than keeping the old ones !!

[D4D]

If I changed my passwords regularly, I'd have to carry the passwords around on a piece of paper....now that would be far worse than keeping the old ones !!

Actually writing them down and keeping them in your wallet is not that silly. How often do you lose your wallet or let somebody else rifle through it?

[Kiwijohn]

I have no chance of remembering my most important passwords (eg. banking, taxation etc) as they are too long and random. Your wallet is not a bad place to keep your passwords, if it is stolen you know pretty fast if it is stolen and can make a phone call to change the passwords - you can also slightly encrypt them (eg. Take 33 off the number at end)

For sites like Myswag I do not use a password I remember, our computers, iPads and phones log us in automatically. When this runs out, eg. New device, all you need to do is reset password and away you go - easy, quick and limited risk.

Everyone has their own way of staying safe just remember what every you do you will be hacked one day, like any security it is about minimising risk.

John

[gronk]

Actually writing them down and keeping them in your wallet is not that silly. How often do you lose your wallet or let somebody else rifle through it?

Why change passwords anyway ?   

How does anyone access them ?   

[D4D]

Why change passwords anyway ?     

How does anyone access them ?   

Brute force attacks will eventually discover your password. If your details are compromised and you're not informed, ala COTD, you are still protected.
http://www.smh.com.au/digital-life/consumer-security/catch-of-the-day-caught-out-by-hackers-20140721-zv8ab.html

As most sites use your email address as the login, I have already guessed 1 piece of information, then I just need your password, password hash or brute force it.