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A2H GO
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Registered: 14th Sep 04
Location: Stoke
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15th Nov 13 at 07:47   View User's Profile U2U Member Reply With Quote

Pretty cool, not sure they've understood no one swipes cards anymore...

https://onlycoin.com

[Edited on 15-11-2013 by A2H GO]
John
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Registered: 30th Jun 03
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15th Nov 13 at 07:50   View User's Profile U2U Member Reply With Quote

Everyone in America swipes cards.
Russ
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Registered: 14th Mar 04
Location: Armchair
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15th Nov 13 at 07:56   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by John
Everyone in America swipes cards.
A2H GO
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15th Nov 13 at 07:58   View User's Profile U2U Member Reply With Quote

Really? And they bang on about being at the forefront of technology.
Kyle T
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Registered: 11th Sep 04
Location: Selby, North Yorkshire
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15th Nov 13 at 08:14   View Garage View User's Profile U2U Member Reply With Quote

Most places in the US don't take your PIN (or a signature) for less than $50, so they just swipe your card and you're off.


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A2H GO
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Registered: 14th Sep 04
Location: Stoke
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15th Nov 13 at 08:46   View User's Profile U2U Member Reply With Quote

I guess our chip makes something like this impossible over here.
Gary
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Registered: 22nd Nov 06
Location: West Yorkshire
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15th Nov 13 at 09:45   View Garage View User's Profile U2U Member Reply With Quote

Whys that?
Nic Barnes
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Registered: 5th Apr 04
Location: nowhere near ginger people
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15th Nov 13 at 10:27   View User's Profile U2U Member Reply With Quote

You don't use a pin at maccys with the touch card to screen thing.
John
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Registered: 30th Jun 03
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15th Nov 13 at 10:30   View User's Profile U2U Member Reply With Quote

That's different from swiping.
Dom
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Registered: 13th Sep 03
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15th Nov 13 at 10:36   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by A2H GO
I guess our chip makes something like this impossible over here.


Apparently they're working on a EMV/Chip'n'Pin variant, so it should work over here if it manages to pass regulations.

Like the idea, although it'd be nice to see some form of wireless rechargeable battery implemented and security seems to be key issue especially when the FAQ starts mentioning "our servers"
Dom
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Registered: 13th Sep 03
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15th Nov 13 at 10:38   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Nic Barnes
You don't use a pin at maccys with the touch card to screen thing.


You mean, contact-less payments?
A2H GO
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Location: Stoke
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15th Nov 13 at 12:18   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Dom
quote:
Originally posted by A2H GO
I guess our chip makes something like this impossible over here.


Apparently they're working on a EMV/Chip'n'Pin variant, so it should work over here if it manages to pass regulations.

Like the idea, although it'd be nice to see some form of wireless rechargeable battery implemented and security seems to be key issue especially when the FAQ starts mentioning "our servers"


How does it communicate with their servers, via your phone? So leave your phone at home and you can't buy anything? No signal and you can't buy anything?
Dom
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Registered: 13th Sep 03
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15th Nov 13 at 12:31   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by A2H GO
quote:
Originally posted by Dom
quote:
Originally posted by A2H GO
I guess our chip makes something like this impossible over here.


Apparently they're working on a EMV/Chip'n'Pin variant, so it should work over here if it manages to pass regulations.

Like the idea, although it'd be nice to see some form of wireless rechargeable battery implemented and security seems to be key issue especially when the FAQ starts mentioning "our servers"


How does it communicate with their servers, via your phone? So leave your phone at home and you can't buy anything? No signal and you can't buy anything?


No, once programmed (stores 8 cards apparently) it works standalone but obviously without a phone then the bluetooth 'security' feature won't work.

You have to sign up for an account with them, no quite sure why but it's a bit fishy considering they they mentioned 256bit encryption with the servers in the FAQ - makes you wonder if your card details are stored remotely

[Edited on 15-11-2013 by Dom]
John
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Registered: 30th Jun 03
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15th Nov 13 at 12:35   View User's Profile U2U Member Reply With Quote

Encrypted stuff clearly isn't secure any more anyway depending on who wants to look at it. Could see the NSA collecting their metadata straight from the internet connection wherever Coin servers are hosted.
Dom
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Registered: 13th Sep 03
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15th Nov 13 at 13:02   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by John
Encrypted stuff clearly isn't secure any more anyway depending on who wants to look at it.


I'd say that's quite a broad statement.

Certainly if the encryption protocol is broken or has a 'backdoor' implemented then you've got issues from the get-go. Otherwise with encrypted connections you're open to MITM attacks or backdoors at server or client ends (as well as brute forcing but that's last resort).

I'd say encryption, depending on protocol, outside of the internet is mostly secure (ie - using TrueCrypt; although there's now a project to get it independently audited for reassurance) and unless the systems used to encrypt/decrypt are 'open' or the used protocol is broken then brute forcing is about your only option.


It could be completely trivial but it does sound a little odd them mentioning encrypted connections to their servers.
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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15th Nov 13 at 14:56   View Garage View User's Profile U2U Member Reply With Quote

Why could anything think it's a good idea to store their credit card numbers on someone elses server?

[Edited on 15-11-2013 by pow]
Doug
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Registered: 8th Oct 03
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15th Nov 13 at 15:20   View User's Profile U2U Member Reply With Quote

You should just assume that no technology is truly secure. There are some that are more secure than others simply due to the complexities of exploiting them, but everything can be cracked.

Contactless has been exploited so if I am in USA (esp in a big city) I keep them in a little faraday pouch so limit the risk.
Doug
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Registered: 8th Oct 03
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15th Nov 13 at 15:21   View User's Profile U2U Member Reply With Quote

I should explain why I mention USA. It's because you can read the cards mag stripe data wirelessly with a skimmer and then clone a fake card. In USA the card just gets swiped so no need to have to clone a chip and pin thing. Real security risk really.
Dom
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Registered: 13th Sep 03
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15th Nov 13 at 16:48   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Doug
....read the cards mag stripe data wirelessly....


That's a new one; you can skim contactless cards due to the RFID but never heard of skimming the mag strip remotely before.
Ian
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Registered: 28th Aug 99
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15th Nov 13 at 16:53   View Garage View User's Profile U2U Member Reply With Quote

I thought the US were behind, no chip and PIN, just took signatures.

Not given a signature in the UK for years.
John
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15th Nov 13 at 17:47   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Dom
quote:
Originally posted by Doug
....read the cards mag stripe data wirelessly....


That's a new one; you can skim contactless cards due to the RFID but never heard of skimming the mag strip remotely before.


Definitely what Dom says, can't read the magstripe data like that.
Doug
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16th Nov 13 at 10:21   View User's Profile U2U Member Reply With Quote

Poor choice of wording on my behalf, yes it can be read via RFID. It is a wireless technology but was not a great descriptor of the process.
Doug
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Registered: 8th Oct 03
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16th Nov 13 at 10:22   View User's Profile U2U Member Reply With Quote

The contents of the mag strip are stored in the contact less RFID chip. So in USA when you capture someone's RFID data you can clone the card and use it as a traditional swipe card as they don't ask for a chip and pin transaction.
Cole
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Registered: 11th Nov 02
Location: eastbourne Drives:zafira sold now a qashqai
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16th Nov 13 at 11:11   View User's Profile U2U Member Reply With Quote

Doug your knowledge amazes me.
John
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Registered: 30th Jun 03
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16th Nov 13 at 12:51   View User's Profile U2U Member Reply With Quote

That's pretty common knowledge.

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