Contactless Card. If someone’s contactless card is stolen, what are the chances that the thief makes transactions with the card and what should he do then? https://qr.ae/TDdowR

High.

Contactless cards operate in the PINless regime for transactions up to a certain amount. Ergo, whoever has the card can put thru’ transactions below the ceiling without signature or entering PIN or proving that they’re the legitimate owner of the card.

The cardholder should immediately report the card as stolen and have it blocked.