'Contactless payments' about to explode, but are they secure?

Monday, 2 July 2007, 1:21 AM EST

As contactless payment systems begin to gain traction across the country, questions are mounting over whether or not the security backing the RF-based technology is sufficiently advanced to prevent account fraud and the theft of personal information. With contactless payment systems about to get even more popular in the United States, there are fears that the wireless technology behind those systems is not secure enough for widespread adoption, despite assurances from Visa, MasterCard, and other major players.

At Ars Technica.

[ Read more ]




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