Wireless Mobile Credit Card Machines

I wanted to start a thread to see what people think and how they feel when using such devices?

Last night my wife and I went to a restaurant and then when it came time to pay the fellow brought one of these Mobile Credit Card Machines and I was thinking about how secure do you feel using this machine with chip and PIN technology here an as these machines are coming more and more common!

Wireless Mobile Credit Card Machine and also an Article

TH

 

I personally don't trust a wireless technology esp. when you don't know how secure it is, and I doubt it is secure in a restaurant. Besides, any malicious person with a Bluetooth or other device can still steal your info. if it is not secure on the vendor's end.

On the positive side, the fact that your credit card never leaves your site is good since many cases of ID theft occurs when it is swiped/skimmed by a malicious person working for an establishment.

There currently is technology available that the user controls if you use Visa, called Verified by Visa, where you have a User Name, PW; and a "Personal Message" that appears on the receipt that is public [only the PM is public] that you will know if it went to a legit site or not. The user needs to sign up for this, but it is more practical for making online purchases. I was told by Visa that when the chip technology is fully incorporated, this would be expanded so perhaps it can be used outside of online purchases, but I don't have enough knowledge about this at this time.

So I vote no...I'm not for it. I guess I'll have to start carrying more cash