Old 09-15-2011, 10:22 AM
  #6  
MTS
Banned
 
Join Date: Nov 2010
Posts: 4,134
Default

Originally Posted by Radiana
I got an email yesterday that was a little scary.I never know if these stories are true but it was something to think about.
Was there a link to click through to sign up to protect your cards?
;-)

I just don't understand.
CC's are in daily constant use for how many decades?
It's not a novelty anymore.

Does that mean the guy never looked at his bill to notice the fraudulent charges?
For months?
Because you've got at least 60 days.
Common sense to check those things.
Which is why I call BS on the email.

Could it happen?
Yeah.
But it's more likely someone's precious child will swipe the cc and use it than someone switching it at the gym.


And the US is actually behind Europe/Asia/Latam etc in the technology we use regarding swiping cc cards. They're all using chips, which are much harder to counterfeit and are more secure.

Hopefully things will change soon and we'll join the modern world:
http://www.money-rates.com/advanceds...technology.htm
MTS is offline