இந்த ATM கார்டு இருந்தால் உங்களுக்கு ஆபத்து New Paywave Visa Debit card Not safe in Tamil Video
In this video i going to tell about new paywave card visa ATM Debit card full details and its pro and cons in Tamil. Hope you Like this video.
PayWave? What’s that?
For those who aren’t familiar with the term, payWave is essentially Visa’s response to MasterCard’s PayPass system. The most prominent difference here is that both systems enable customers to make any purchase seamlessly. All you have to do is tap your card in front of the terminal that accepts the contactless feature, and your transaction will be processed. Your signature or PIN number is no longer needed. Simple, isn’t it?
What are the pros and cons of PayWave and PayPass?
Pros
Convenient as you just need to “tap and pay” using your credit card or mobile phone without keying in a PIN or signing a receipt.
Gives you peace of mind as you are protected against fraudulent transactions.
Reduces threat of hackers who may scan cards and steal valuable information as NFC uses data encryption when sending sensitive information.
Cost and time efficient for the average consumer.
You do not have to worry with typing errors (such as incorrectly typing in your PIN) and connection is quicker on the contactless terminal.
Retailers no longer have access to your credit card information.
You are able to keep track of rewards and use points for your purchases made in coffee shops or miles redemption. Some banks even offer cash back and prizes when you use this feature.
Convenient and quick checkout payments means lesser queues and lining up.
Cons
Only a few yet have adopted to this technology so it might create confusion or frustration among users. Not all consumers are educated on this technology.
Only consumers with smartphones or those with PayWave/PayPass credit cards can use this technology.
You may lose your credit card and your account may be compromised.
Risk of spyware or malware attacks and other viruses like any computer device in the terminal.
You can’t change the limit
Security flaws in paywave card
#PayWave #ContaclessCard #VisaCard #Tamil #Wisdomtechnical
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