Comments on: Zoompass Tag: My Impression + Field Test

By: Jon Lim

Jon Lim — Mon, 15 Mar 2010 18:21:34 +0000

That is correct – just a swipe. But I assume they have protection in place for such occasions when you lose your phone. Similar to losing your MasterCard with the same PayPass technology in it.

By: Question

Question — Mon, 15 Mar 2010 18:17:45 +0000

But with a credit card, either a signature or a PIN is required for an “in-person” transaction, but this would just be a mere swipe of the tag, yes? No PIN required or another additional step?

By: Jon Lim

Jon Lim — Mon, 15 Mar 2010 18:15:56 +0000

Technically yes, but there is the same amount of protection on it as a regular MasterCard could. In addition, at that point, I would be more concerned about my phone than the Zoompass Tag!

By: Question

Question — Mon, 15 Mar 2010 17:27:58 +0000

So…if you lose your phone and someone finds it and it’s got this tag on it, they can just go and spend all your money is seconds at compatible paypass sites?

By: Jon Lim

Jon Lim — Fri, 05 Mar 2010 21:28:01 +0000

Checking my account balance, it cost me $1.58 – as far as I know, there are no fees for spending money with the credit card!

And account management-wise, there really was no hassle. Sign up for an account, sign up for the MasterCard, stick the sticker on and ta daaa, all done. I still have to sync up my bank account to it, but otherwise, haven’t had any blips whatsoever – they built a very strong system here.

By: Malcolm Bastien

Malcolm Bastien — Fri, 05 Mar 2010 21:24:42 +0000

Awesome.

But how much did the large double double cost… with transaction fees?

How do you find the account management side of it all on the Zoompass end?

By: Jon Lim

Jon Lim — Fri, 05 Mar 2010 20:13:34 +0000

Well, I had to sign up for Zoompass (Which I did when it came out!) as well as their MasterCard. All of which cost me nothing, so it was a pretty sweet deal.

I’m a huge hate of coins as well, and would love to see more technology like this just to free up my pockets.

By: Rahil Sondhi

Rahil Sondhi — Fri, 05 Mar 2010 20:08:55 +0000

This is awesome Jon, lucky you! How did they pick you? Did you sign up for something? I’m excited to see more technology like this. I hate cash, coins, and receipts.