I installed the Revolut app the other day and was just today sent a debit card from them. The app is interesting in that it has an option where you can deactivate the magnetic strip.
Since nobody in my country ever used the magstripe for anything, I went ahead and disabled it, which theoretically should prevent against skimmers. It also has options to decline transactions from a location other than where your phone is, or transactions online.
Pretty interesting what you can do when your credit card has a companion app.
Since nobody in my country ever used the magstripe for anything, I went ahead and disabled it, which theoretically should prevent against skimmers. It also has options to decline transactions from a location other than where your phone is, or transactions online.
Pretty interesting what you can do when your credit card has a companion app.