On 11/26/2011 10:30 AM, Kartik Mistry wrote: > On Sat, Nov 26, 2011 at 10:22 AM, Binand Sethumadhavan <[email protected]> > wrote: >> "Netbanking" as a payment mode is not very popular (almost >> nonexistent) in the western world. People prefer credit and debit >> cards to make transactions over there. It is only the average Indian's >> supreme suspicion of payment cards that makes netbanking is so popular >> here. > Transaction over net via 'Debit card' is not popular here or almost > nonexistent. I know there are some Credit Card which only allows > offline transactions here. Like many other people, I'm also stuck here > and can't donate to Wikipedia (and similar projects). > >> Think of it - the net effect of debit card and netbanking is the same, >> is it not? > Almost same but netbanking 'looks' much safe. (Well, I clicked on > confirmed twice due to faulty mouse and payment went to /dev/null and > that's different story.. :)) >
Nowadays certain 'Big...' shopping malls do not accept debit cards which have PIN codes. They want cards that can be swiped without any PIN authentication. This is a security risk if the card is stolen. It is simply hard cash in the thief's hand. I use netbanking only to pay bills. -- Freedom is a shared resource. Take some, leave the rest for others. Please trim your replies. Avoid cross posting to other lists. Post your replies below the relevant original text, leaving a line space. Regards, Rony. http://ronybill.blogspot.com/ -- http://mm.ilug-bom.org.in/mailman/listinfo/linuxers
