With contactless technology you simply have to press your card against a reader and then your transaction of up to £15 is paid and you can go on your way without entering any PIN numbers or signing anything.  This is a goldmine for any would be bag snatcher or pick pocket isn’t it?  And althoug i said that you couldn’t really cause too much damage with the contactless technology, if you have someone’s credit or debit card you can certainly visit a few shops and spend quite a lot of money before they know that you’ve taken it from them.

You simply need to look after your card even more these days.  Rather than getting more secure it appears that we are opening ourselves up for attack by theives and fraudsters all over the country; they’ll all be rubbing their hands together with glee at the prospect of contactless cards being distributed nationwide.