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I’m less worried about my credit card purchasing history being sold and more worried about the cc info being intercepted and stolen. But if I’m going to share

I’m less worried about my credit card purchasing history being sold and more worried about the cc info being intercepted and stolen. But if I’m going to share my info with someone, I would rather it be Apple than the likes of Google, epic, or some random app that’s allowed to take payments using whatever they want.

horsawlarway 6y ago
Statistically speaking, that's a low percentage of card theft. You're much more likely to have your card information stolen at a physical, point of sale location - Restaurant, gas station, clothing store, etc. If this is really a concern you have, a disposable credit card is a much more reliable way to prevent unauthorized charges. > But if I’m going to share my info with someone, I would rather it be Apple than the likes of Google, epic, or some random app that’s allowed to take payments using whatever they want. You're already sharing this info with all of these folks, plus many, many, many more. This is what I mean when I say your bank is selling that data to affiliated parties. Basically - what makes you think this information is private? Apple has it and uses it to make money. Your bank has it and uses it to make money. Apple happens to be large enough and enough of a monopoly that they can generate money from that information without directly selling it (at the moment, in some places). But they're doing the same thing - Profiling you to make money. The second Apple thinks it will make more money by selling that information, they will. Not to mention it's a tad on the late side, since your bank is already sharing it everywhere.
- philliphaydon 6y ago
  Never seen disposable cards in Asia / Pacific.
yunohn 6y ago
How often does this happen? Is this a USA-only problem? Credit card details stolen to commit fraud can easily be solved by calling your bank.

horsawlarway 6y ago

Statistically speaking, that's a low percentage of card theft. You're much more likely to have your card information stolen at a physical, point of sale location - Restaurant, gas station, clothing store, etc. If this is really a concern you have, a disposable credit card is a much more reliable way to prevent unauthorized charges. > But if I’m going to share my info with someone, I would rather it be Apple than the likes of Google, epic, or some random app that’s allowed to take payments using whatever they want. You're already sharing this info with all of these folks, plus many, many, many more. This is what I mean when I say your bank is selling that data to affiliated parties. Basically - what makes you think this information is private? Apple has it and uses it to make money. Your bank has it and uses it to make money. Apple happens to be large enough and enough of a monopoly that they can generate money from that information without directly selling it (at the moment, in some places). But they're doing the same thing - Profiling you to make money. The second Apple thinks it will make more money by selling that information, they will. Not to mention it's a tad on the late side, since your bank is already sharing it everywhere.

philliphaydon 6y ago
Never seen disposable cards in Asia / Pacific.

yunohn 6y ago

How often does this happen? Is this a USA-only problem? Credit card details stolen to commit fraud can easily be solved by calling your bank.