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Like, Privacy.com has access to your bank account and have the authority to collect? Because then it is the same problem. All I want, is the digital equivalent
by apostacy 7y ago
Like, Privacy.com has access to your bank account and have the authority to collect? Because then it is the same problem.
All I want, is the digital equivalent of a personal check.
A one time promise to pay money. If the merchant has a dispute with me, or thinks I owe them more money, they are free to sue me.
If my utility company wants automatic recurring payments, I have to sign paperwork which makes it very clear that I am authorizing recurring bank transfers.
The system we have now makes no sense at all.
- astura 7y agoIt's not the same problem. They block charges over the limit. You can "turn off" a card after you use it. They have "single use" cards that turn off automatically two minutes after the first charge. You can set the spending limit on single use cards or for non-single use cards on a per month basis or per year basis. You can use any billing name and address with the merchant.