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Don't enable the contactless card function before reading this text! Learn everything about this modality now! See how the technology works, its advantages, how to protect yourself and 5 contactless card options to apply for now. Read until the end and check it out!
The Contactless Card has invaded the credit market and is increasingly gaining new followers of this modality.
After all, consumers can easily pay for purchases using debit or credit without needing a password.
In just one year, there was a 330% increase in the use of technology. In fact, according to a survey conducted by Digio – 48% of respondents make contactless payments using the contactless function – but is this option really safe?
So that you can understand more about the subject, we have put together a guide where we will explain everything in detail about:
- What is a contactless card and how does it work?
- What you should know before activating the contactless function;
- 5 contactless card options to apply for now;
Want to know more? Keep reading and check it out!
What is a contactless card and how does it work?
At first glance, the contactless card is a form of payment where physical contact is not necessary.
In other words, to pay for a specific purchase, the card just needs to be close to the machine with NFC technology.
Most consumers believe that this type of payment is the simplest way to make a transaction.
In a determination by Abecs – Brazilian Association of Credit Card Companies – the maximum amount limited for transactions without a password is R$200.00.
But nothing prevents the user from limiting a smaller balance, which, in fact, makes the procedure safer and more effective.
What should you know before activating the contactless function?
In fact, technology has raised several questions about security, after all, to this day there is no regulatory law, and the practice has been the target of many frauds.
For this reason, before activating the contactless function on your card, you need to know a few details. This way, the consumer can take advantage of the convenience without sacrificing security.
How to protect the contactless card?
Before you go out and use the contactless feature, learn how to protect your contactless card to avoid fraud. To do this, you need to put the following steps into practice.
👉Check the purchase value before
Prior to confirmation of the transaction, see the value of your purchase on the machine screen. Many people forget this step, but if you want to use your card safely, you will have to put this habit into practice.
👉Always keep track of your transaction statements and activate the app's notifications
Another important factor is to monitor your contactless card transaction statement and leave the app's notifications turned on.
This way, the consumer can recognize unauthorized payments immediately.
👉Use metallic films
Initially, proximity cards emit radio frequency waves, responsible for transmitting data readings.
These waves can pass through fabrics such as wallets and purses, and thus cause an undue charge on your card.
Therefore, to protect yourself against fraud, one way is to use metal films and prevent activation by signals. Thus the accessory blocks communication with readers.
👉Always keep an eye on your card
One eye on the cat and the other on the fish! Always keep an eye on your contactless card. The sooner you notice it is missing, the sooner you can disable the function if it is lost.
👉 Be smart in crowds
The main target for contactless card fraud has been crowds such as parties, buses and subways. Where the stage is the perfect setting for criminals to “fish” for your card while lying around.
This does not mean that you should not carry it on these occasions, but rather that you should keep it safely stored in your wallet or purse. And if possible, disable the function on these occasions.
How to use the contactless card?
Firstly, to use the contactless card you need to enable the function. The procedure is done directly through the mobile application and you can activate and deactivate it whenever you want.
After that, during a specific payment, inform the attendant that you wish to pay by contactless payment.
If the establishment's machine is compatible, simply bring the card closer to the device at a maximum distance of 4 cm.
Pretty easy, isn't it?
What is the advantage of the contactless card?
✅Convenience: With a contactless credit card in hand, it is clear that the consumer has more convenience and practicality.
After all, you can complete the transaction in just a few seconds. You can also register other contactless payment methods, such as smartphones and contactless bracelets.
✅Smaller lines: with the speed of transactions and the increase in the use of contactless cards, the result is the absence of queues.
Because, in a matter of seconds, the attendant can collect the purchase without worrying about the change, or delays due to incorrect password entry.
✅ International payment method: The consumer can make this type of payment in several places around the world. All this without worrying about passwords or speed.
✅Without the need to hand over the card to third parties: Now you no longer need to hand your card over to third parties to pay for a specific purchase.
Only the consumer has access, and this reduces the risk of cloning, as happened with thousands of users in the past.
What happens to the contactless card if it is stolen?
Okay, now I know that I can easily pay for a certain purchase without using my password. But, in the meantime, what happens to a contactless card if it is stolen?
In cases of theft or robbery, the first step is to temporarily block the card and deactivate the contactless function. In addition, file a police report and report the incident to the financial institution.
The Consumer Protection Code states that credit operators are responsible for ensuring the security of payments. However, every precaution is never enough. The important thing in this situation is to be able to block the card before the scammers start using it.
5 NFC card options to order now!
Well, if you haven't had your card approved yet or want another new financial ally for your wallet, we'll suggest some options to apply for now!
1 – Santander SX contactless card
The first suggestion for a credit card with contactless technology that we are going to recommend is the Santander SX contactless card.
And, it’s also one of the easiest to get approved even with a low credit score.
Santander SX is available with Visa and Mastercard cards and in some cases the annual fee can be waived, as is the case when registering your CPF and cell phone number as PIX keys.
2 – BB contactless card
Secondly, the best suggestion for a contactless credit card from Banco do Brasil is the Ourocard Contactless.
The difference is that with it you also have the flexibility to register it in digital wallets, such as Google and Samsung Pay.
And, in this way, you can make payments simply by bringing your cell phone close to the machine. Without the need for a physical credit card specifically.
3 – Itaú contactless card
Itaú has countless credit cards for all types of consumers. We have selected some options that are easy to approve and that are popular among consumers.
👉Itaú Iti Credit Card: The Itaú Iti digital account card is easy to approve. After all, you don't need to prove your income and the credit limit goes up to R$10,000.00.
👉Itaucard Azul Visa International Credit Card: If you like to travel, this card will be an excellent ally. Because, with every purchase, the customer accumulates points and can exchange them for tickets and various travel benefits.
👉Itaucard Magalu Credit Card: a new version of the Magazine Luíza credit card. Now without annual fees and with Cashback that can reach up to 4%. Along with exclusive payment conditions in the retail network.
👉Itaucard Click Credit Card: an Itaú credit card exclusively for non-account holders. The best thing is that the customer has the option of enjoying all the benefits of the Visa Platinum brand without having to pay an annual fee.
4 – Nubank Credit Card with NFC Technology
If you already follow our content, you've probably already noticed that Nubank is the most recommended credit card in our articles, right?
And it's no wonder. After all, the Nubank credit card not only allows contactless payments, but is also hassle-free and easy to approve.
You can place your order now, wherever you are, and wait for delivery to your home.
Furthermore, the card is one of the easiest to approve and even has an option for those with bad credit: the Nubank card with guarantees.
5 – Neon Credit Card
Last but not least, our last suggestion is the Neon contactless credit card.
A very basic option from Visa and easy to request and approve, just like Nubank.
Neon has Visa International coverage, so you can buy your favorite international products with ease.
The consumer signs up for the card through the mobile app, right after opening a digital account. But don't worry, there are no account maintenance fees or annual fees.
Conclusion
Regarding the content presented, we saw that contactless cards have become popular among consumers. Currently, all Visa and Mastercard cards already come with contactless technology installed.
Passwordless transactions are indeed a great flexibility! But they also require consumers to be extra careful. Even though the amount released is not “high”, it represents a huge loss for the worker’s pocket.
So during handling it is important never lose sight of your card and always monitor transactions in real time through the app. Because, in the event of an undue purchase, the customer can appeal immediately.
So, with these precautions, you can make the most of your card, paying for everyday bills, like a coffee or an aspirin at the pharmacy, more easily and safely.
And what do you think of this technology? Leave your comment below and tell our team about your experience.
Did you like the content? Then click the button below and learn everything about how to request the Nubank credit card with Contactless technology. I'll wait for you in the next post 😉
