It has been reported by BBC that in a Marks and Spencer outlet it was observed that when one customer was trying to swipe his card for payment, the POS recorded the transaction by picking up card data from another card which another person was holding in her hands.
It is said that the POS has implemented the “Near Field Communication” on a contact less basis so that there is no need to hard swipe the card. Unfortunately the instrument was too strong and picked up signals from another card.
Hope Indian Banks donot introduce such wireless communication cards since if Marks and Spencer POS could pick up data of another card one foot away, a fraudster can easily walk around with such a device and steal card data of people around.
Naavi