ABA APP Security - Strengths and Weaknesses - a Users Guide
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Re: ABA APP Security - Strengths and Weaknesses - a Users Guide
The most obvious real benefit (for me) to come out of this recent debate about the ABA app is to check the transactions limits. I have to say that ABA may well have screwed up here. Or their IT people have.
With the old version of the app, when making larger payments like buying airline tickets, I had to temporarily adjust the daily transaction limit, which was originally limited at €1000.
As a result of this and the hacking thread, I’ve checked the default limits on my accounts. They were all set at $100,000, (which the app tells me is also the maximum setting). That’s for transactions, account transfers, swift transfers, and local transfers. This is most definitely not an adjustment that I’ve made.
So it’s probably worth checking what your limits are set at.
In accounts, open the account, select the three little dots at top right.
With the old version of the app, when making larger payments like buying airline tickets, I had to temporarily adjust the daily transaction limit, which was originally limited at €1000.
As a result of this and the hacking thread, I’ve checked the default limits on my accounts. They were all set at $100,000, (which the app tells me is also the maximum setting). That’s for transactions, account transfers, swift transfers, and local transfers. This is most definitely not an adjustment that I’ve made.
So it’s probably worth checking what your limits are set at.
In accounts, open the account, select the three little dots at top right.
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Re: ABA APP Security - Strengths and Weaknesses - a Users Guide
There's also the option to use confidential mode on the home screen without logging in, it's in security settings.
- reggie perrin's dad
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Re: ABA APP Security - Strengths and Weaknesses - a Users Guide
No, no. Life is not easier if you always use cash. It is much easier to whip out your phone, scan the code, pay the exact amount and not wait while the seller disappears for 15 minutes to break your monster 50,000 Riel note or points at imaginary microscopic tears if you're fool enough to try and pay with a dollar bill which is not still warm from printing.phuketrichard wrote: ↑Wed Jan 17, 2024 2:07 pm life is so much easier if you
1. dont carry a phone or if u do have 2. one with bank apps etc on it leave at home, the other only for messages, calls
a cheap nokia
2. always use cash
than use your atm once/week and only carry what u need when u go out
Safer / more secure to always use cash? Maybe. But easier, nah
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Re: ABA APP Security - Strengths and Weaknesses - a Users Guide
This is true. The big advantage of paying by phone or card is avoiding the disputes around old or torn notes, and the embarrassing game of pass the parcel that ensues.reggie perrin's dad wrote: ↑Thu Jan 18, 2024 10:30 amNo, no. Life is not easier if you always use cash. It is much easier to whip out your phone, scan the code, pay the exact amount and not wait while the seller disappears for 15 minutes to break your monster 50,000 Riel note or points at imaginary microscopic tears if you're fool enough to try and pay with a dollar bill which is not still warm from printing.phuketrichard wrote: ↑Wed Jan 17, 2024 2:07 pm life is so much easier if you
1. dont carry a phone or if u do have 2. one with bank apps etc on it leave at home, the other only for messages, calls
a cheap nokia
2. always use cash
than use your atm once/week and only carry what u need when u go out
Safer / more secure to always use cash? Maybe. But easier, nah
Mini C have been the worst offender ime but I have gone back the following day and demanded that they replace them, and surprisingly they have.
I've ended up with four dud 100s - one merely too old from my landlord and three with tiny nicks when making large counter withdrawals from LOLC. In all cases ABA allowed me to bank them with the usual proviso that if head office rejects them we will debit your account. So far so good.
But last week I tried to give them a 20 that had a 2mm deep snip at one end and they initially refused, and I had to insist. I will see what eventuates.
It makes sense that if they make it harder to cash damaged notes it will encourage more to embrace digital payments.
Re: ABA APP Security - Strengths and Weaknesses - a Users Guide
I've had good luck with depositing slightly torn USD notes into ABA's cash deposit machines. They do warn that they charge you 10% for damaged notes, but that hasn't happened to me yet.Stravaiger wrote: ↑Thu Jan 18, 2024 11:48 amThis is true. The big advantage of paying by phone or card is avoiding the disputes around old or torn notes, and the embarrassing game of pass the parcel that ensues.reggie perrin's dad wrote: ↑Thu Jan 18, 2024 10:30 amNo, no. Life is not easier if you always use cash. It is much easier to whip out your phone, scan the code, pay the exact amount and not wait while the seller disappears for 15 minutes to break your monster 50,000 Riel note or points at imaginary microscopic tears if you're fool enough to try and pay with a dollar bill which is not still warm from printing.phuketrichard wrote: ↑Wed Jan 17, 2024 2:07 pm life is so much easier if you
1. dont carry a phone or if u do have 2. one with bank apps etc on it leave at home, the other only for messages, calls
a cheap nokia
2. always use cash
than use your atm once/week and only carry what u need when u go out
Safer / more secure to always use cash? Maybe. But easier, nah
Mini C have been the worst offender ime but I have gone back the following day and demanded that they replace them, and surprisingly they have.
I've ended up with four dud 100s - one merely too old from my landlord and three with tiny nicks when making large counter withdrawals from LOLC. In all cases ABA allowed me to bank them with the usual proviso that if head office rejects them we will debit your account. So far so good.
But last week I tried to give them a 20 that had a 2mm deep snip at one end and they initially refused, and I had to insist. I will see what eventuates.
It makes sense that if they make it harder to cash damaged notes it will encourage more to embrace digital payments.
But yes, I agree, one of the main benefits of going cashless whenever possible is to avoid all that silly banknote scrutiny nonsense.
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Re: ABA APP Security - Strengths and Weaknesses - a Users Guide
Not to mention the transfer of germs handling dirty cash in this toxic environment. Remember when the cashiers in some shops would spray individual notes during covid..reggie perrin's dad wrote: ↑Thu Jan 18, 2024 10:30 amNo, no. Life is not easier if you always use cash. It is much easier to whip out your phone, scan the code, pay the exact amount and not wait while the seller disappears for 15 minutes to break your monster 50,000 Riel note or points at imaginary microscopic tears if you're fool enough to try and pay with a dollar bill which is not still warm from printing.phuketrichard wrote: ↑Wed Jan 17, 2024 2:07 pm life is so much easier if you
1. dont carry a phone or if u do have 2. one with bank apps etc on it leave at home, the other only for messages, calls
a cheap nokia
2. always use cash
than use your atm once/week and only carry what u need when u go out
Safer / more secure to always use cash? Maybe. But easier, nah
- newsgatherer
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Re: ABA APP Security - Strengths and Weaknesses - a Users Guide
Just keep less than $500 on ABA, get a second phone to bring at night with a seperat E-mail. Keep your other accounts on the phone at home.
These problems always occur at that thin little stripe few blocks in from the River. It's the Cambodia most visitors get to explore. The law is different from regular basis, so keep losses at minimum. Not only with locals but also with most barang hanging there.
These problems always occur at that thin little stripe few blocks in from the River. It's the Cambodia most visitors get to explore. The law is different from regular basis, so keep losses at minimum. Not only with locals but also with most barang hanging there.
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Re: ABA APP Security - Strengths and Weaknesses - a Users Guide
Thanks for that, same here. I mean, there is little chance someone can lift $100,000 from me, but even a much smaller amount than that is too much. Really not good from ABA. I also checked my Wing app, there seems to be no way to set limits.Freightdog wrote: ↑Thu Jan 18, 2024 9:26 am The most obvious real benefit (for me) to come out of this recent debate about the ABA app is to check the transactions limits. I have to say that ABA may well have screwed up here. Or their IT people have.
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Re: ABA APP Security - Strengths and Weaknesses - a Users Guide
when i go out i have 2,3,4,000 baht in my pocket, so i can ONLY spend that amount<reggie perrin's dad wrote: ↑Thu Jan 18, 2024 10:30 amNo, no. Life is not easier if you always use cash. It is much easier to whip out your phone, scan the code, pay the exact amount and not wait while the seller disappears for 15 minutes to break your monster 50,000 Riel note or points at imaginary microscopic tears if you're fool enough to try and pay with a dollar bill which is not still warm from printing.phuketrichard wrote: ↑Wed Jan 17, 2024 2:07 pm life is so much easier if you
1. dont carry a phone or if u do have 2. one with bank apps etc on it leave at home, the other only for messages, calls
a cheap nokia
2. always use cash
than use your atm once/week and only carry what u need when u go out
Safer / more secure to always use cash? Maybe. But easier, nah
with an app you spend more...
Friend of mine does merchandising for all rock shows inn SE Asia> since started ONLY app purchases allowed, his sales have gone up 30-40%!!!
PLUS, i hate getting behind people using their phones, as they always seem to take longer an fuck up
Nope
for me
Cash is King
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
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