Posted on
November 21, 2008
at
5:22 pm
I have heard alot of news coverage on CHIP cards and how it will better protect Credit Card Fraud. I know this is a major initiative in Canada but not in the US. Why is that?
CHIP card 101: http://www.cuets.ca/chip101/chip101.html#consumers
Posted on
November 22, 2008
at
11:10 am
Great concept. The problem with the US is that we are major denial of anything positive. The economy is so horrible, that they cannot see solutions, just bandages.
Posted on
November 24, 2008
at
5:35 pm
Well, not to get in a 'we are' war... but, I hate debit cards because I have to put in my PIN. I use credit cards for the convenience of the 'get in, get out' way to pay. The U.S. even passed a law that states if the total is under $25, a signature isn't required!If you use a credit card, just make sure it is one that has the 'zero liability' if charges appear that you can prove you did not make... like when I was charged for placing an ad in an Arizona newspaper. Pretty easy to prove it wasn't me.
Posted on
November 25, 2008
at
1:33 pm
The intersting part about the new Chip cards is that the Credit Cards will require a PIN, like the debit cards. Not sure if they will be able to bypass that for smaller transactions though (<25$)? Maybe buyer-convenience is the reason Chip cards aren't as popular a concept in the US? With zero liability cards the anti-fraud sales feature is less attractive.
Posted on
February 14, 2009
at
6:05 am
Yea i have no idea why it isn't popular in the US. But i still would trust that to keep my credit from being stolen. You should check out this identity theft vid my friend sent me. It's crazy! http://www.youtube.com/watch?v=6Zq1oIq87pY Hope I was able to help you out. La Broi Walton www.KeyingSuccess.com
Posted on
April 7, 2009
at
4:17 am
Paycards shop or Paycards banking It is a scam Vitrual/ Prepaid credit card Website
http://www.paycardshop.com or
paycards@hushmail.com It is SCAM, I pay USD 150, they never reply after receive my money. Be careful!!
