"Paul Terry" wrote in message
...
In message , Roland Perry
writes

Don't be absurd. TfL are only taking the risk when the stolen card is used
to BUY TRAVEL!!

That's not what you said in your previous post. I made a point about the
general insecurity of contactless cards, which is the reason why the
transaction limit is low (in all countries, not just the UK).

You replied with "For all we know the risk is being borne by TfL"
(although I've seen no claim from them that they will bear the risk).

If he's using the card to buy packets of cigarettes, that's not TfL's
problem, or a new problem, or indeed anything to do with this thread.

It's the bank's problem, which is why I doubt that they will be prepared
to expose themselves to the risk of raising the limit.

TfL have negotiated that the cards can be used for travel with no PIN
challenge.

Most people would guess that the banks would only agree to this if the
misuse risk transferred to TfL.

I guess you're thinking that an exception could be made for TfL - I don't
know if that would be technically possible, as there are no exceptions for
anything at present.

Actually that is exactly how it is for "normal" PIN verified transactions.
Those places (pay phones/car parks etc) that accept Chip and Pin cards but
don't challenge for the PIN, take the risk of misuse instead of the bank

tim