May 11, 2011
In the future, credit cards may require an extra layer of security to process transactions, such as a retinal or fingerprint scan. It may also be possible that they will be printed with the card holder’s picture on them. For now, however, anyone who simply has possession of a credit card can use it, as there are very few stores which ask for identification with the use of a credit or debit card (as long as the card is run as credit and not as debit which does not require a pin). read more…
January 18, 2011
It can sometimes seems like the ability to make digital purchases with credit/debit cards is an absolute necessity in today’s modern society, with everything from hotel reservations to online purchases requiring a card number of some sort. read more…
January 7, 2011
Identity theft and fraud are on the rise despite countless security measures and precautions taken by credit card companies, banks, and web providers. It seems as if there is no hiding from unscrupulous individuals who are willing to do just about anything to steal someone else’s money. Unfortunately, every effort made to protect consumers from fraud seems to be countered by web hackers with an equally effective method of gathering personal information. However, the following information can help consumers recognize and avoid identity theft scams. read more…
November 14, 2010
Credit card fraud is becoming an increasingly common problem, despite various measures taken by the federal government and credit card companies. In 2009 alone roughly $50 billion worth of fraud was committed, much of it using stolen or assumed credit cards. To the dismay and surprise of many, there’s a one-in-ten chance of the offending fraudster being a friend, accounting for more than 10 percent of the fraud committed last year.
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September 29, 2010
The majority of credit card companies offer free purchase protection insurance with most of their credit cards. This is not a new benefit, but it’s becoming increasingly common as competition amongst credit card companies gets hotter. Purchase protection is an advantageous feature to have, so it’s important to understand what it is and how it can be used.
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