Contactless cards contain the same chip technology as contact cards and help prevent fraud at point-of-sale terminals. Each time you use your card, the token number changes, making each and every transaction token unique. They transmit an encrypted transaction token number. True or False? Contactless cards are less secure than my current chip card.įALSE – Contactless cards are more secure than contact chip cards because they do not transmit your account number. _ Concerned About Going Contactless? Truth vs. If you wish to receive contactless cards before your current card expires, there is a $7 upgrade fee per card.Existing account holders will receive their new contactless cards when their current cards expire.16 th 2021 or later will receive contactless cards. We are rolling out our new contactless debit and credit cards which include the latest Tap-To-Pay technology. Contactless Debit & Credit Cards are Now Available at ASCU!
