Also a kiwi (although living in UK) I've used contactless since it was first available in NZ (ages ago) but when I returned late 2019 I found that contactless was no longer accepted at certain places, like liquor stores. Too many munters nicking cards to buy booze with I guess.
I can't wait to live in a 100% cashless society but I do think that the process should be refined (especially for phone payments).
Atm I tap and often have no idea if I'm really paying exactly what I should be. Credit card/debit numbers should only ever be temporary and for a given amount to a given merchant (like how my bank requires generating an OTP when adding a new payee). Confirmation that we are paying x merchant £y is definitely required.
Current system is really weak in that if someone has my credit/debit number they can arbitrarily charge me, in the UK if someone has my sort code + bank they can use that at a business to create a debit request and I get arbitrarily charged.
I can't wait to live in a 100% cashless society but I do think that the process should be refined (especially for phone payments).
Atm I tap and often have no idea if I'm really paying exactly what I should be. Credit card/debit numbers should only ever be temporary and for a given amount to a given merchant (like how my bank requires generating an OTP when adding a new payee). Confirmation that we are paying x merchant £y is definitely required.
Current system is really weak in that if someone has my credit/debit number they can arbitrarily charge me, in the UK if someone has my sort code + bank they can use that at a business to create a debit request and I get arbitrarily charged.