this post was submitted on 07 Jun 2026
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Nobody here mention security?
Like with passkeys (getting better though) and encrypted RCS messages, this is a proprietary standard that still sadly offers way more security.
It is token based afaik and the secret is never shared or even readable by an attacker. This card can be stolen with a single swipe, all that is protecting you is the banking system being overly cautious and expecting their systems to fail, so you need to enter a pin code on higher transactions or your card is simply locked.
Paying with VISA card online is insane from a security perspective, made slightly less bad by requiring authentication with a proprietary TAN app.