So from what I remember, the chip and the tap use pretty much the same authentication systems under the hood. They’re pretty identical in that way. The pin number and how that’s implemented is kind of a joke, because every card reader has ways to accept a payment from a card without even needing the pin (usually). Still better to use a pin of course, and that’s something the tap supports too.
Like I said before, right now a common threat to chip cards is spoof devices that criminals try to surreptitiously install onto legitimate card readers. Like a hardware keylogger basically. So - and as far as I know, this might not even be true anymore - the one main advantage the tap has over the chip is that it is not susceptible to these spoof reader devices.
How is it more secure? Surely needing the card + pin is more secure than just carrying the card its self.
So from what I remember, the chip and the tap use pretty much the same authentication systems under the hood. They’re pretty identical in that way. The pin number and how that’s implemented is kind of a joke, because every card reader has ways to accept a payment from a card without even needing the pin (usually). Still better to use a pin of course, and that’s something the tap supports too.
Like I said before, right now a common threat to chip cards is spoof devices that criminals try to surreptitiously install onto legitimate card readers. Like a hardware keylogger basically. So - and as far as I know, this might not even be true anymore - the one main advantage the tap has over the chip is that it is not susceptible to these spoof reader devices.