Comments on: Anonymity Credit Card Style

By: Government Money Club

Government Money Club — Mon, 30 Mar 2009 05:41:42 +0000

I don’t think that technology has come where the money and signature isn’t there. It was security reasons buddy. Lets see may be in the future its possible!

By: Magnetschmuck Online Shop

Magnetschmuck Online Shop — Sat, 28 Mar 2009 16:57:48 +0000

Having PINs for credit cards is a very good idea, it will be very helpful especially when a person lost his wallet, the culprit won’t be able to shop using the card. Another idea regarding removing the credit card number in the card -maybe it won’t be necessary to remove it, maybe just mask the other numbers, the last four digits are the only ones visible.

By: CreditCardAssist.com

CreditCardAssist.com — Sun, 11 Jan 2009 02:09:20 +0000

After talking to a few well-placed folks in the card industry about new fraud security technology for credit cards, we’ve found that several major card issuers will be rolling out similar PIN based card products in the near future.

By: business information

business information — Tue, 16 Sep 2008 05:51:15 +0000

I think this is a good step.

I call it a good step because there are spammer or hackers everywhere. I think that all the companies should take up this step and make a change.

By: Creditor Web

Creditor Web — Sun, 02 Mar 2008 23:51:05 +0000

I’m confused – how can a merchant verify a card holder’s signature if there’s no name on the credit card? I always write “check ID” on the back of my card hoping to be asked by cashiers to see my ID. Maybe 1 in 20 do. Without a name, would there just be a signature to verify?

By: Chris

Chris — Wed, 05 Dec 2007 18:57:46 +0000

David, I think Simon is referring more to unscrupulous people in a merchant’s store than in the bank itself.

Not that it’s really any better, mind you.

By: David DeAngelo

David DeAngelo — Wed, 05 Dec 2007 17:14:21 +0000

@simon, that is quite disturbing. It means that no matter how much we try to protect ourselves, we can’t get away with it if it’s an ‘inside job’. I remember when I was working in a telephone banking call centre. I had full access to everyones account details. I could have just taken these details after I left the job, and no one would have known.

By: Chris

Chris — Thu, 15 Nov 2007 18:25:03 +0000

Karin, I don’t know the details, but they said it uses a pin number supplied by the user along with some sort of encrypted info on the card itself.

I’m not sure how that would work without presenting the physical card (I don’t yet have one of their cards myself.) But I figure if PayPal can do secure money transactions with an email address, then there’s probably a way for it to work.

By: Chris

Chris — Thu, 15 Nov 2007 18:15:46 +0000

Valeria, Thanks for bringing this new direction in credit industry to our attention. I’m wide open to ideas on how to help get the word out. I’ll do some noodling on my own too.

Advice, Yeah. We never complain at our place when our credit card company calls us to verify a purchase. I’d much rather have them call me on some of our legitimate purchases then ignore our account if it were actually being abused by a third party.

By: Advice Network

Advice Network — Thu, 15 Nov 2007 17:48:57 +0000

Credit Card companies are legally required to not charge you if you are the victim of fraud. When you get those calls “There is some suspicious activity on your account, and we were calling to make sure you still had your card” They are covering their OWN behinds.

Not to say that this card isn’t a good idea. I just think this is good information to have.