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Since I closed my BoA account I've been using privacy.com for temporary credit card numbers. It "just works" - for me at least - and I haven't been charged a di
by brianpgordon 7y ago
Since I closed my BoA account I've been using privacy.com for temporary credit card numbers. It "just works" - for me at least - and I haven't been charged a dime. They make their money from interchange fees.
- nickthemagicman 7y agoOMG yes! Second this! Privacy.com is amazing! Been using it for months and have to say it's outstanding. I didn't realize they made their money on interchange fees. I thought they were just selling my data...and the app is so good was ok with that.
- brewdad 7y agoJust assuming (not unreasonably) that Privacy.com is selling your data. What a world we live in!
- nickthemagicman 7y agoYeah seriously. Literally everything collects/uses/sells your data these days. I figured what a great way to do that by having access to the actual purchases themselves. But who knows they may sell it in the future. Still going to use it. It's great!
- sombremesa 7y agoBoA has also stopped doing ShopSafe now.
- subhro 7y agoCitibank still offers the disposable card number thing. I am forgetting the official name they have for it.
- rhacker 7y agoExcept last time I tried using that feature it required something crazy... I think like either a Java applet or a Flash something or a Windows download... so I didn't get far with that.
- blacksmith_tb 7y agoBoA just sunsetted their "ShopSafe" virtual CCN tool last month, which had a UI that required Flash. They didn't offer any explanation (or more than about 20 days' notice...), but I had to wonder if they just didn't want to port it to something modern...
- braindeath 7y agoIt requires flash. It’s annoying but not enough to stop me from using it, as it has saved my ass countless times.
- thismyrealone 7y agoPayPal used to have this feature too. It was very useful.
- derision 7y agoVirtual Accounts. I have a desktop app that can generate new numbers on demand
- pen2l 7y agoWhat made you close your BoA account? (Just curious, I have a BoA account and I have no issues with it)
- brianpgordon 7y agoSchwab pays interest on checking balances, offers instant transfer between your brokerage and checking accounts, and waives all ATM fees. No reason to stick with BoA.
- danShumway 7y agoStandard reminder that privacy.com contains some anti-consumer TOS clauses, including a binding arbitration requirement. I don't trust a company that explicitly goes out of its way to avoid accountability to do something as sensitive as manage credit cards for me.
- judge2020 7y agoIt's at least fairly on the side of "only trying to avoid class actions" by having: - "arbitrator provided by the American Arbitration Association" - "[individuals] may elect to pursue their claims in their local small-claims court rather than through arbitration" - arbitration care heard in your local county - they pay for the arbitration fees It's the same as online game store companies having binding arbitration, there are some cases where class actions would be detrimental to a company due to no fault of the company themselves.
- neon_electro 7y agoCan you give an example for the online game store?
- judge2020 7y agoBlizzard (Activision): https://www.blizzard.com/en-us/legal/b2e0b082-fddb-4824-93fa-ee9c1bf814f8/blizzard-entertainment-dispute-resolution-policy https://www.blizzard.com/en-us/legal/b2e0b082-fddb-4824-93fa... Steam: https://store.steampowered.com/subscriber_agreement/#11 https://store.steampowered.com/subscriber_agreement/#11 Epic Games: https://www.epicgames.com/site/en-US/tos https://www.epicgames.com/site/en-US/tos (they run a storefront for third-party games alongside their first-party games)
- danShumway 7y agoPrivacy.com can ban class actions without binding arbitration agreements, many companies already do this. To go a step farther, waiving my right to a trial by jury and telling me I can go to a small claims court instead does not engender trust from me. That's not avoiding a class action, that's removing my ability to have a trial decided by my peers. To go even one more step, I don't get the hate for class action lawsuits. Class action lawsuits are one of the only really effective ways consumers have to punish companies that misstep. They're not perfect, and they often end up profiting lawyers more than consumers. But at the same time, suing companies is expensive, and companies bank on that fact. They commit small violations, counting on the fact that most consumers will realize that it's not economically feasible to file claims for a few hundred dollars. Aggregating multiple claims into a single lawsuit (for all of its flaws), solves that problem. It's pretty much the only thing we have right now that helps solve that problem. We've seen that with Equifax, Verizon, Yahoo, etc... the class action lawsuits hurt those companies a lot more than any regulation or criminal probes or boycotts did. If high-profile mistakes like the ones these companies made anger you, there's potentially an argument there for making class-action lawsuits even more powerful, not less. I get that our legal system in the US is messed up and expensive. I don't understand why the consequences of that have to fall specifically on consumers.
- TheAdamist 7y agoBoA just got rid of their temporary credit card number feature, and since it was flash based it was extremely difficult to get to run anyway.
- braindeath 7y agoNeeding flash is an annoyance, I wouldn’t call it “extremely difficult” (especially on HN) though. Luckily Citi still offers the service. It also requires flash. However the feature is worth the inconvenience. I’ll run a small windows vm for the purpose if I had to.
- abawany 7y agoCiti is weird: the Citi Costco card does not support this functionality. Not sure why.
- koolba 7y agoIt’s laughable that they could not find anyone in the past ten years to write a JS version. For reference, they spend about $10B (billion with capital “B”) last year on tech projects: https://www.ciodive.com/news/bank-of-america-keeps-pace-with-yearly-3b-spend-on-new-tech-initiatives/553647/ https://www.ciodive.com/news/bank-of-america-keeps-pace-with...
- organsnyder 7y agoShows how valuable they considered it to their business (i.e. zero).
- kevin_thibedeau 7y agoADP is still using flash for their web app. Their entire business revolves around it.
- DaiPlusPlus 7y agoI wonder how much profit they make from fraudulent transactions that people don’t notice. Question: when there’s a chargeback, does the customer|fraud victim’s bank lose out, or do they get a part of the chargeback fee that Visa/MasterCard levy into the merchant?
- cvhashim 7y agoLogged in just to agree with this. Privacy.com is underrated. Really cool product for a team that consist of like 10 people.
- Fnoord 7y agoMy bank has a feature to give my card a temporary CVV for 5 minutes which I can then use to authorize a payment. Without that, I need to manually verify the payment. So this dark pattern would not have worked on me, or they'd have committed fraud and had a 0,1% chance of succeeding. Nice try, though.