There has been a lot of mention in the press lately about contactless card fraud. Contactless cards are now wildly popular, and used in one in seven sales. The contactless cards can be used for purchases under £30 and do not require automatic authorisation from banks. It is sadly too easy for thieves to steal card details using widely available Point of Sale (POS) devices. There has recently been a widely shared Facebook post of this happening on the London Underground. All the thieves have to do is key in a price less than £30 on the POS device and then touch the device on the pocket that contains the victims wallet/card and the payment goes through.
Until people check their bank statements they may not notice these small transactions at first however the thieves will continue to use the card at will until stopped. It is then up to the victim to report the theft and try and claim a refund. A member of our team at The Pen Shop head office sadly had their card details stolen this way and a significant amount of money was taken from their account. Fortunately they did eventually receive the money back but it involved a great deal of hassle and stress.
This has raised serious issues about card protection but a number of brands including our own Pen Shop brand Kingsley have already taken steps to try and combat this problem. Our Kingsley and Secrid RFID blocker wallets protect your money and cards from electromagnetic radiation, illegal RFID-scanning and other outside influences.
The Cardprotector is the core of the Secrid product line. The aluminium Cardprotector protects your six most important cards, both against bending and breaking and against your RFID cards being scanned if you don’t want them to be (such as the transportation pass, ID card, the latest credit cards and business cards).
What does RFID Blocker technology do?
Radio-frequency identification (RFID) is a technology that can be embedded into a range of items including bank cards and passports to allow the wireless transmission of information (such as contactless pay points).
Information can be extracted from RFID equipped items without your knowledge with hand-held devices (known as skimmers).
RFID blocker technology impairs the extraction of data from any RFID item enclosed within the product. Protection is provided by a special material enclosed within the leather and does not effect the normal use of RFID item.
With the growing popularity of contactless cards then crime against them will also continue to rise. To combat this we would advise people to invest in wallets with RFID blocker technology to make sure their cards are safe.