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MasterCard contactless is fast, convenient and secure

In reaction to recent reporting around contactless safety, Chris Kangas, Head of Contactless Payment Solutions for MasterCard comments:Chris Kangas (7)

“Sniffing, replay and relay attacks have been reported by the media and others as threats to contactless payments.  Cardholders can rest assured that MasterCard has and continues to invest significantly to ensure the security of the payment system including for MasterCard contactless technology.  As a consequence of these investments, the various attack scenarios which are difficult for criminals to conduct, make this an unattractive means of committing fraud.  Accordingly, in the 10 years since contactless was launched, MasterCard is not aware of any fraud incidents using these techniques.”