Smart Cards and their new contactless feature

Here’s what the new credit and debit cards do for you

The addition of a passive antenna in a debit or credit card allows you to simply wave your card in front of an RFID (Radio Frequency Identification) reader.  It’s the card’s new “contactless” feature.  There’s no swiping, inserting, signing, or PIN needed to make any purchase under a set amount.  The amount can be from $50 to $200 per transaction depending on the limit authorized by the card issuer.

Here’s what the new credit and debit cards do for thieves

The RFID technology allows thieves to use a concealed card reader to steal information stored on your card’s chip while the card is still in your wallet or purse!

The stolen card number and expiration date is distributed through the Internet to organized crime members.  The card is usually cloned by the thousands in a matter of days and spread like a virus internationally.  This is all done without your knowledge that your card has been compromised until it’s too late… and remember if you don’t need to use your PIN for contactless transactions, neither do the thieves who now have several clones of your card.

Here’s a look at both sides of the new feature

Card Issuer:  It is secure… one of the most secure contactless payment solutions available today.

Card Holder:  If it is secure, then why are thieves able to scan and steal the information  from a debit or credit card while it is still in someone’s wallet or purse?

Card Issuer:  If you do not want the contactless feature, call the number on the back of the card or visit a branch near you to deactivate it.

Card Holder:  Why offer to remove the feature if it’s not a problem?

Card Issuer:  If your card is lost or stolen, you pay nothing for the fraudulent purchases.

Card Holder:  Credit and debit card fraud is considered by some to be a victimless crime since the “big banks” are the ultimate target and card holders won’t be liable for the fraudulent charges.  However, these fraudulent charges do indeed get passed along to all cardholders and bank clients through high interest rates and bank fees… and what about the inconvenience of having to replace a card that’s been compromised?

 

Here’s what CommuniMax is doing for your clients and you

CommuniMax Direct is an authorized agent and distributor for RFID Shield Envelopes*. The unique design of these multi-ply laminate envelopes includes a layer of polyvinyl for strength and a layer of aluminium that protects against the detection and cloning of credit and debit card numbers.

Our RFID Shield Envelopes meet US Federal Government Standards.  (FIPS 201 approved.)  In fact, all US passport cards are now issued with these specific envelopes.

* Provides a security barrier at 13.56MHz and 860-980MHz.

Our RFID Shield Envelopes can be printed with your logo, telephone number and website address… a reminder that you are there for your clients every time they use their credit or debit cards. That’s the kind of frequency and exposure your advertising message needs!

Call us today for details!