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how to secure and create a password that whenever any online trasaction is done using creditcard it shoud ask for confirmation by asking the password,otherwise the trasanction should not be confirmed.

2007-02-11 17:38:48 · 6 answers · asked by ksvirk1909 1 in Business & Finance Personal Finance

6 answers

Once your credit card data has been stolen, the only way to stop transactions is to cancel the card.

2007-02-11 17:50:09 · answer #1 · answered by Piggiepants 7 · 2 0

i buy online all the time. i also do my banking online. i also can program banking computer programs. i KNOW that your online transactions are secure. what you are asking is that the vendor or bank reprogram their programs so that you have to enter a password two times, not one time. that would have been done when you set up the account to begin with. or, you are saying that the vendors/banks should reprogram to ask for a verification of those slanted letters you see (meaning that the transaction is being done in person rather than by a hacker's program).

i have to tell you: the entire system could be compromised by a change in programming. programs for this type of purchase/banking contain millions of lines of code. one part affects another part, so the entire program could blow up on them.

please rest assured that your personal data is so very well encrypted that it is not stealable!

2007-02-11 17:50:02 · answer #2 · answered by Louiegirl_Chicago 5 · 1 0

some credit card companies already do this. You cannot use a Tesco card online without getting referred to Tesco's site and confirming your billing details and password

2007-02-12 02:33:06 · answer #3 · answered by Anonymous · 0 0

CANCEL THE CARD

2007-02-11 19:21:42 · answer #4 · answered by Anonymous · 0 0

That is the best ideal.

2007-02-11 17:47:08 · answer #5 · answered by CHAEI 6 · 0 0

good idea.

2007-02-11 17:42:42 · answer #6 · answered by zcew1843#@0 2 · 0 0

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