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Credit card numbers aren't supposed to be private, are they? We use them all the time to send money. It's the expiry date and the CVC that should be kept secret
by grishka 4y ago
Credit card numbers aren't supposed to be private, are they? We use them all the time to send money. It's the expiry date and the CVC that should be kept secret, but even then 3dsecure is a thing.
- rightbyte 4y agoWe give the cards to strangers in restaurants etc. The CVC or date should not be on the card really if it is some sort of safe guard. The whole credit card setup is quite insane when you think about it.
- duskwuff 4y agoThe checking system is so much worse. The only parameters needed to make an ACH payment are a name, a routing number, and the account number -- all of which are printed on every check. There is very little fraud protection, and it is difficult for an account holder to dispute an incorrect or fraudulent transfer.
- tremon 4y agoThere is very little fraud protection, and it is difficult for an account holder to dispute an incorrect or fraudulent transfer. I see a cause and effect here. Make it easier (by law) for the account holder to dispute a transfer, and I'm sure the banks will suddenly spend more effort on fraud prevention.
- Tagbert 4y agoThere is a whole layer of security and compliance around the handling of credit card numbers that anyone who processes them has to go through. They are not considered publish information.