>I disagree. >The basic operation of a credit card at the get go was for the customer to be authenticated by comparing the signature on the voucher with the one on the card. >If they don't match the vendor refuses the transaction. >This is still the basic MO for credit card transactions.
The basic MO for buying, pre-debit card, was with signed cheques. Debit cards have PINs, and no signature required. With the potential for more money in my bank account than my credit limit, why does this make debit cards secure? PS: I'm assuming, possibly wrongly, that you don't order on the INTERNET, either. - Too busy driving to stop for gas! ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
