I do most of my banking on my phone and only seldom have to use a card reader - that's if it's with a bank that uses them. I use my fingerprint to log on to the app, after having "woken" the phone with facial recognition - and often that is all that is needed. I would never want to go back to the "old ways" of doing it.
It's not fool proof Peter as some people have found out reading Computer Active.
The FSA licensed a twice convicted fraudster to handle our life´s savings. Guess what? He robbed us of £750,000. http://raynipper.com
Brexit is madness orchestrated by the insane.