Cyber criminals are offering for sale a hi-tech gadget named Contactless Infusion X5t to scan nearby contactless payment cards and clone them. The device is able to steal payment card data including card number and the card holder name and his address. It can read any bank card from 8cm away and will read 1024 bytes per second, which is equivalent to 15 bank cards per second. Device is offered for sale in London where it goes for 500 (711.24 USD) Experts speculate it is the first device of this kind to be offered also in the principal black markets in the criminal underground.”]
Source: http://securityaffairs.co/wordpress/48355/cyber-crime/cloning-contactless-device.html