Pinless Card Essay

599 Words3 Pages
Pin-less Cards and their impact on the society The world has surely been changing since we have been discovering something new every day. The era we live in has been developed for the ease of the mankind. Every day, something new has been constantly being developed that makes our work easier in certain way. Talking about the change in technology, new methods of payment are constantly evolving. From cheque books to pinned debit cards, we have eventually come across the pin-less credit cards. These credit cards work using the touch technology so they do not use any pins. Nowadays, high street banks such as Barclays have been providing these pin-less credit/debit cards to its customers. Considering the risks to be misused, the bank also has limited the use of such cards to £20 per day. To make sure that you can keep track of what you've spent, all Contactless payments will appear in Online Banking facility and on the statement. These cards also provide the security as in other cards. Payments are processed through the same reliable Visa payment technology as Chip and PIN transactions. These cards have a lot of impacts on our lives. The major advantage of these cards is that it makes our lives easier. We would not need to carry money for our snacks or mobile top-ups. All we would need are these convenient cards. Feel bored of entering the same PIN again and again? Or want an easier way of payment? These cards prove to be efficient in every ways. They save your valuable time. You also would not need to carry all the debit cards or credit cards for buying something as cheap as a cup of coffee. You can just grab your pin-less card and fulfill your demands. It is also beneficial regarding savings. You can only shop up to a limited amount. This doesn’t allow you to spend your money carelessly. These cards also ask for PIN in a desired period of time so that your money gets

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