hydroazuanacaine
bluelighter
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It’s the only way to activate it. What app is trusted. It’s a Chase card if that makes a difference. Thanks!
Tech New credit card has the RFID thing
- Thread starter hydroazuanacaine
- Start date
I just brought mine to a local Chase ATM and it activated it by checking my account balance, have thiings changed the last couple of months?
hydroazuanacaine
bluelighter
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i figured out a way to activate it but this tech i quickly taking over so i wanna know how to use it.
I use the Chase app that I downloaded from their website.
TheLoveBandit
Retired Never Was, Coulda been wannabe
My bank just said to use it in their ATM, even for just a balance inquiry, to activate it.
This technology has been around and in regular use across Europe for several years. It's a bit new to the US, but not new to the world, so a lot of the issues have been worked out. What will take a little more time in the US is to adjust to how it changes things. Obviously, there is an increased security with it, but the mechanics at checkout of just tapping and letting the RFID communicate instead of swiping a magnetic strip...not huge, but also not overnight. I've worn out several cards because the stripe wore out, not an issue here...but I never remember to tap, I keep swiping out of habit.
This technology has been around and in regular use across Europe for several years. It's a bit new to the US, but not new to the world, so a lot of the issues have been worked out. What will take a little more time in the US is to adjust to how it changes things. Obviously, there is an increased security with it, but the mechanics at checkout of just tapping and letting the RFID communicate instead of swiping a magnetic strip...not huge, but also not overnight. I've worn out several cards because the stripe wore out, not an issue here...but I never remember to tap, I keep swiping out of habit.
we've been using payWave (VISA) in Canada too for as long as I can remember, most point-of-sale terminals support it. The payWave logo is shown clearly if it's available and some merchants slap their own label on saying you can tap. VISA allows a transaction up to $250 but lets merchants decide since they'll be on the hook for any fraud. IME most of them allow up to $100 and then require chip + PIN past that.
Europe is more balkanized when it comes to banking tech so credit cards are less commonly used but we use credit cards for even $2-$5 purchases so tapping is really useful. Some people don't even carry cash anymore, you can use a CC for almost everything.
Oh, I also think iPhones have NFC capabilities to interact with the card so it can be linked to ApplePay as well but I'm not sure how that works exactly
Europe is more balkanized when it comes to banking tech so credit cards are less commonly used but we use credit cards for even $2-$5 purchases so tapping is really useful. Some people don't even carry cash anymore, you can use a CC for almost everything.
Oh, I also think iPhones have NFC capabilities to interact with the card so it can be linked to ApplePay as well but I'm not sure how that works exactly
I resisted contactless credit and debit for years. Eventually I caved in like most other people out of sheer convenience and rarely pay any other way. Soon they'll ban cash payments entirely, no doubt. They've already been suspended in most places - over here - on the pretext of corona.
RIP off the record cash payments, savings in your mattress, and anyone without an approved, activated, functioning bank account...
RIP off the record cash payments, savings in your mattress, and anyone without an approved, activated, functioning bank account...
JessFR
Bluelight Crew
Savings in your mattress is stupid. It's just asking to get robbed.
As for off the record cash payments, cryptocurrency well likely take over for that.
Don't get me wrong, I used to beg for money to support my habit and for that reason alone have no desire to see people stop carrying around cash. But that's not exactly a great reason to object either looking at it from a more general perspective.
I almost never have cash. Drugs are just about the only thing I've used cash for over the past decade
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Deru
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Some dealers don't even require cash as the payment method anymore. I don't even like the inconvenience of having to stop and break a 50 or 100 for change, especially in the inner city, almost no one accepts them. I usually carry some smaller denominations, like singles and fives for random little purchases, but otherwise almost everything else is cashless. And it is so much quicker and convenient, not to mention, it works perfect for budgeting and savings apps. Any fraud I've ever experienced is credited back to my account immediately. As a matter of fact, I once accidentally reported $1,800 Western Union as fraudulent, got it credited back to my account, and 5 years later still have the money. They are very liberal with issuing credits for fraud, at least the bigger banks are, for people worried about fraud and such with bank accounts and cards.
Savings in your mattress is stupid. It's just asking to get robbed.
As for off the record cash payments, cryptocurrency well likely take over for that.
Don't get me wrong, I used to beg for money to support my habit and for that reason alone have no desire to see people stop carrying around cash. But that's not exactly a great reason to object either looking at it from a more general perspective.
I almost never have cash. Drugs are just about the only thing I've used cash for over the past decade
Yes I'm sure lots of people will be all for totally digital currency and savings and handing over all control of their capital to someone else. Until governments or corporations start freezing access to, or 'losing', their money accidentally or intentionally, and ruining people's lives. Too late to do anything about it then though...
R3K
Bluelighter
Yup soon it will be like. Oh? it seems you didn't pay your child support Mr Xxxx. Here let's click this button here, there, now you cant access any of your banking accounts, you cant renew your license or registration. Also now all your payments will bounce, causing you to pay a shit tone for non sufficient funds. Your credit is no good now, and good luck trying to feed your self. Oh? you tryed steeling food, well off to jail now, unless you pay a lawyer your left nut, but wait, We froze all your money. It's not looking so good for you is it?.....
This is one of the reasons I keep BTC in a hardware wallet ...
Good idea mate.
One of my other major concerns about us moving over to a fully electronic cash economy is that fairly large swathes of the population (often the elderly, but certainly not just them - eg the homeless, drug addicts, divorcees, abused partners, etc etc) would likely struggle to utilise options like this, given that we aren't all equally tech savvy and don't all have access to the tech.
Physical money has many well-documented flaws, but one of its major strengths is its relatively simple, democratic nature, and the fact that almost all of us can understand how to use it, access it, hide it, save (or spend) it without having to learn a new language and/or wade through a bunch of tech jargon.
Cream Gravy?
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Where I live there's a large Latinx population. Most use cash for everything I've noticed over the years. I'm guessing cash will still be around for a while in the U.S. because many of the impoverished populations utilize predatory check cashing services, work for under the table cash (i.e. laborers, waiters, etc.), or simply don't have bank accounts. If we suddenly had no cash I'd say 10-20% of our population would have no way to purchase anything.
I still like using cash as a way to tip because when I used to be tipped, I wouldn't report most of my cash tips to Uncle Sam. So I know that by leaving cash tips for say, waiters or delivery drivers, I can give them tax free earnings and therefore a better payout, and help them out more. The poor don't need to pay taxes. I believe no one should earn more than 500k per year, but that's another discussion entirely.
I still like using cash as a way to tip because when I used to be tipped, I wouldn't report most of my cash tips to Uncle Sam. So I know that by leaving cash tips for say, waiters or delivery drivers, I can give them tax free earnings and therefore a better payout, and help them out more. The poor don't need to pay taxes. I believe no one should earn more than 500k per year, but that's another discussion entirely.
Yea am I the only one worried about this? Last year I was in downtown Chicago and went to grab myself a coffee.. They wouldn’t accept cash. I immediately went off telling them about themselves and how they are trying to push certain business clientele out with that policy. Before long homeless and less advatanged populations will have nowhere to go.
The day cash is no longer is the day I begin strictly bartering and trading.
-GC
Deru
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I doubt it will ever be forced, and cash will no longer be accepted. Not in our lifetimes, anyways. Some people are so paranoid the government is out to screw people over, it's baffling sometimes. If anything were ever to be implemented, at some far off distance in the future, I'm sure it would be implemented over decades to allow everyone to adjust. And even then, this would probably be in some far off version of a future none of us will see.
JessFR
Bluelight Crew
Here in Australia I've started to notice a bunch of places now actually either not take cash, or take it but have a sign requesting you not use it.
I always use contactless from my phone anyway, I almost never have cash on me.
But Australia's banking tech is far ahead of the US. Or to be more accurate, America's banking tech is far behind everyone else.
I always use contactless from my phone anyway, I almost never have cash on me.
But Australia's banking tech is far ahead of the US. Or to be more accurate, America's banking tech is far behind everyone else.
Deru
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That's crazy, it's typically the opposite, at least in the state I live in the US. Most small businesses, or liquor stores and gas stations, won't accept in store credit purchases for less than 10 dollars, or add an additional fee, and only a few places like the big retailers offer the contactless option for phones, which I love by the way. I set mine up to my PayPal and it works perfectly, especially to get cash if I need it off certain non-debit cards with no PIN.
JessFR
Bluelight Crew
Everywhere here offers contactless for phones.
But yes, until the pandemic a lot of places had a surcharge to make card purchases below a certain amount, or simply required the purchase to be above a certain amount.
But since the pandemic that's changed fast. Now cash is strongly discouraged if not outright disallowed in many places here.