I would love to know what bank you use. A debit card that allows hundreds
of thousands of dollars to be debited in one day is very unusual.
At 01:25 PM 10/13/00, you wrote:
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>That's real nice and understanding, Paul. If I happen to have the
>"nuisance" of having hundreds or thousands of dollars debited from my bank
>account (because it was a debit card),
>I'll just have you deal with it.
>
>
>Steve Ray
>
>
>paul smith wrote:
>
> > <CF_CC_rant>
> >
> > OTOH, I hate to see the Urban Myth perpetuated among professionals that the
> > card holder is at *financial risk* from unsecured transmission of CC
> > numbers over the Internet. The banks perpetuate this because THEY are the
> > ones at risk from packet sniffers. Anyone with a Merchant Account has had
> > the experience where even *fraudulent customers* got their CC charges
> > reversed on *legitimate* charges. The real risk Merchants pose is the
> > place where the CC data resides (transaction carbon copies in wastebasket,
> > CC data in database, CC data in file cabinet, etc) not the route it used to
> > get there (where employees can steal hard copy CC data, hackers break into
> > computers and steal it, etc)
> >
> > The card holder does have the remote *nuisance risk* of having to protest
> > fraudulant charges to the CC bank and get them removed.
>
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