[Magdalen] Disappearing money - please pray

Roger Stokes roger.stokes65 at btinternet.com
Tue Sep 1 21:22:35 UTC 2015


On 01/09/2015 22:00, Sally Davies wrote:
> Thanks, beloved friends, for all the prayers and support. I just spoke to
> Keith and he says that that bank did eventually credit the money to his
> account, though they certainly took their time...but in time for the rent payment to go through.

TBTG for that.

> Earlier on I was watching Sky business news with a story about "contactless
> cards" which are now becoming very popular. I have no idea what those are
> but if they render cash unnecessary it will certainly be a big help!!

They are debit or credit cards which you can hold over a reader and an 
embedded chip makes a connection with the reader to allow the 
transaction from your account to the receiving account.  Certainly in 
the UK there is a limit in the value of the transaction, currently 20 
GBP but shortly to go ip to 30 GBP.

Higher value transactions need to be validated with the card-holder's 
PIN which we are well-used to for card transactions in this country.  It 
always amazes me that Chip and PIN is not used to the same extent in the 
USA.  It is less open to fraud than signing the credit card slip (how 
many staff even make a cursory comparison of the signature on the slip 
and that on the card?).

Roger


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