Credit cards not safe.I had been planning to get a credit card for years and recently obtained one. I was shocked to find out how insecure it was, to the extent that if someone knows the details on the front and back of your card, they can make unauthorised online transactions. So, on my friend's advice, I blocked out the card verification value code of my card with an opaque tape as that is what is required to make these online transactions. I heard of a bank, which sends SMS messages SMS message SMS n → (message m) SMS m each time their credit cards are used. This seems like a good idea and I think the Central Bank of Bahrain The Central Bank of Bahrain was established in 1973 as the Bahrain Monetary Agency, shortly after Bahrain gained its independence from the United Kingdom. As per Decree No. should make this service mandatory for all credit card companies as it will help in minimising unauthorised transactions. A couple of days earlier I went to an airline office and made a purchase. The cashier CASHIER. An officer of a moneyed institution, who is entitled by virtue of his office to take care of the cash or money of such institution. 2. The cashier of a bank is usually entrusted with all the funds of the bank, its notes, bills, and other choses in didn't use a swipe card swipe card n. A plastic card with a magnetic strip containing encoded data that is read by passing the card through a usually slotted electronic device, used especially to make electronic transactions and to provide access to restricted or secure areas. and instead took my CVV number See CSC. to make the transaction! So, now since this person knows my CVV number and has seen the details on my card, isn't it possible for him to make online transactions if he wants? Why did they not have a swipe card machine? And why did they take the secret CVV number? I hope some expert can help me on this. Is this safe? Sahar R Copyright 2009 Gulf Daily News Provided by Syndigate.info an Albawaba.com company |
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