View Single Post
Old 05-03-12, 01:17 PM   #46
six_storm
Registered User
 
six_storm's Avatar
 
Join Date: Jun 2004
Location: Nashvegas
Posts: 11,575
Send a message via Skype™ to six_storm
Default Re: Samsung phones outselling Apple

Quote:
Originally Posted by Rakeesh View Post
NFC is actually pretty neat in that it's way more secure than a credit card:

- You don't need to hand it to anybody, so there is no chance of copying numbers
- Every time the transaction is performed, the exchange is done with one time credentials, so there is no chance of a replay attack (which both credit and debit are susceptible to because they always use the same numbers)
- If somebody steals your phone, they still need to know your pin (which must be entered upon every transaction) or else they can't spend your money.
- You don't enter your pin at any kind of point of sale terminal, so there's no chance of somebody recording your pin.

I've used it once, it's pretty convenient. With the sprint nexus google gives you $50 in free spending money.
Meh, not real exciting TBH. It sounds like something I would turn off if I had the feature.
six_storm is offline   Reply With Quote