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ePaynews: A group of U.S researchers has issued a report warning of a potential security loophole in RFID contactless payment cards. The researchers, working for the Council for Security and Privacy, carried out tests with 20 RFID-enabled credit cards to see if they could read data being transmitted over the air. They then demonstrated to a New York Times reporter that the cardholder's name and other data, which could include the card number and expiration date, were leaked in plaintext to an unauthenticated card reader.

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