Sometimes when we pay for a service or a product, we don't necessarily sign our name on the pay slip, but they can still get the money when we only tell them our credit card number and information through telephones or through internet. Is this kind of paying safe??? We don't actually sign for our approval but they have all our information??
2007-01-15 00:32:40 · 5 answers · asked by FairGround 3 in Business & Finance ➔ Personal Finance
The last four numbers of your credit card are the most IMPORTANT.
Well. Always check the validity of a claim and terms of agreement carefully, and the company logo/license. Don't miss the fine print.
Obvious scams that we sometimes fall prey to, can with much hassle be reversed such that your money isn't lost.
Well. It's better to be safe then sorry. If you are uncomfortable with the fact that your private financial information may be leaked you can always stick to cash.
Hope this helped
2007-01-15 00:44:31 · answer #1 · answered by hoxyho 2 · 0⤊ 0⤋
Anytime you are using a Credit Card online or phone, you are of course unable to sign a receipt; however make sure whomever you are dealing with is a Reliable Business and Online make sure the site has a Protected secure Lock site. I am Like yourself and a bit hesitant to use my Credit card online or on the phone until I know for sure Both are Safe..Too Much Identity Theft going on now adays..
2007-01-15 00:42:58 · answer #2 · answered by donna_honeycutt47 6 · 0⤊ 0⤋
There is no practical way to sign. They have to rely on the information you give tem to be correct.
This is one of the easiest ways for fraud too. A stolen wallet with credit card, driver license and other personal info. The call seems lagit but it isn't. The company eats the loss, and there is plenty of it. That is why the interest is 18%-24% and is also why things cost so much. The company raises the price of everything to cover the loss. Things wouls be way cheaper with total honesty.
2007-01-15 00:42:18 · answer #3 · answered by ttpawpaw 7 · 0⤊ 0⤋
Typically a payment card is backed by an account holding funds belonging to the cardholder, or offering credit to the cardholder. Payment cards can be classified into types depending on how this account is managed.
Different types of payment cards include:
* Credit card
* Debit card
* Charge card
* Stored-value card
* Fuel card
* Gift card
* Electronic purse
Different technologies used by payment cards include:
* Magnetic stripe card
* Smart card
* Contactless card
2007-01-18 20:29:55 · answer #4 · answered by Anonymous · 0⤊ 0⤋
just apply
2007-01-15 00:36:44 · answer #5 · answered by Anonymous · 0⤊ 0⤋