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Our credit cards have become just about useless for they have been used in fraud almost as soon as they are issued. I am at the point I don't want to use a card that is not chipped for security. Some major credit card company's cards are almost useless for the fraud is almost immediate. We even use reader shields and still have problems. I will be canceling any card that doesn't have a security chip. Any thoughts, comments or additions to this would be appreciated. For investment transactions my numbers change every thirty seconds and I have had no problems.
Our credit cards have become just about useless for they have been used in fraud almost as soon as they are issued. I am at the point I don't want to use a card that is not chipped for security. Some major credit card company's cards are almost useless for the fraud is almost immediate. We even use reader shields and still have problems. I will be canceling any card that doesn't have a security chip. Any thoughts, comments or additions to this would be appreciated. For investment transactions my numbers change every thirty seconds and I have had no problems.
As of December 2024, I believe all major credit cards in the world are issued with smart chips. Those fraudulent transactions are made possible through multiple means and ways like hacked online payment or shopping sites, evil minded restaurant servants, or card not present transactions, etc.
As of December 2024, I believe all major credit cards in the world are issued with smart chips. Those fraudulent transactions are made possible through multiple means and ways like hacked online payment or shopping sites, evil minded restaurant servants, or card not present transactions, etc.
My credit card has been chipped for years yet we still have to change the number every year or two due to fraud. My wife works at the bank it is issued from, CC security is a joke. A check from our business account was cloned this year so we had to change that number as well. Different bank but the same security nonsense. I guess it is cheaper to pay for the fraud than to beef up security. We are taking about thousands of dollars worth of fraud every year on our accounts. Just wait until the AI frauds start.
Our credit cards have become just about useless for they have been used in fraud almost as soon as they are issued. I am at the point I don't want to use a card that is not chipped for security. Some major credit card company's cards are almost useless for the fraud is almost immediate. We even use reader shields and still have problems. I will be canceling any card that doesn't have a security chip. Any thoughts, comments or additions to this would be appreciated. For investment transactions my numbers change every thirty seconds and I have had no problems.
