Researchers from the University of Massachusetts Amherst have uncovered a critical security flaw in contactless payment processing that allows expired credit cards to be reanimated and used for fraudulent purchases.
Not exactly the same, but there is not a great handle on auto pay either. I pay a sub for the gf on ESO, the CC they have on file expired at least 1 CC cycle ago and they are still happily taking the money for her sub, on one hand WTAF??? on the other hand since she plays it all the time I just let it slide, when I get my next renewed CC I will ask my bank why they are allowing an expired card to still function. So far as my physical cards I always cut the mag strip in half and then several pieces, and the chip once in half.
Not exactly the same, but there is not a great handle on auto pay either. I pay a sub for the gf on ESO, the CC they have on file expired at least 1 CC cycle ago and they are still happily taking the money for her sub, on one hand WTAF??? on the other hand since she plays it all the time I just let it slide, when I get my next renewed CC I will ask my bank why they are allowing an expired card to still function. So far as my physical cards I always cut the mag strip in half and then several pieces, and the chip once in half.