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And besides why credit card companies are not implementing super cheap and working security method - two factor auth-ORIZATION? Send me SMS or email saying: "Y

by gesman 11y ago

And besides why credit card companies are not implementing super cheap and working security method - two factor auth-ORIZATION? Send me SMS or email saying: "Your card just been used to buy X for $N at Y. Click here if you think it's not authorized". Or more proactive: "... click here to confirm" - this way IP of email click could be used additionally to detect possible phishing victim. This could cut the fraud drastically and allows to catch a few fraudsters while still "warm". Way cheaper, simpler and more efficient then struggling with EMV.

iak8god 11y ago
For every transaction? I'd end up ignoring them and then miss the fraudulent ones anyway.
tw04 11y ago
They do. I get an email anytime a purchase is made on my AMEX without the card being present (no swipe). I could have it for ANY transaction but I don't feel the need.