Roger Mills wrote:


But they can probably do it multiple times before being asked for a PIN

4

- and rack up quite a bill in the process.

Therefore £80



Not insignificant!

I think the reverification policy is actually an issue for the bank,
based on the perceived level of risk. They, or the card, might well
trigger a verification if there were a smaller number of transactions
all very close to the limit, or on a random basis.

In part the amount at risk is chosen to similar to the amount of cash
that might be lost to a pick pocket.