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> A credit card is the most insecure [...] payment method. On contrary, it is the most secure because of the chargeback. Someone stole your credit card data a

> A credit card is the most insecure [...] payment method. On contrary, it is the most secure because of the chargeback. Someone stole your credit card data and bought anything with your money? No problem, just fill in chargeback request and money are back. Bank will handle the rest (including the finding the place where it was stolen and stopping accepting credit card transactions from that place at all, so if you are running online shop, better really secure the transactions).

dncornholio 4y ago
> On contrary, it is the most secure because of the chargeback. So a leaky card is better because you have chargeback. Meanwhile, debit cards are more secure and also offer chargeback.. Meanwhile, my debit card can get stolen and nobody will be able to use it. If I lose my credit card, anyone can do anything.
- kkarpkkarp 4y ago
  > So a leaky card is better because you have chargeback. Yup, I will still stick to my point. Someone stole my card? Not super convenient, but I do not lose any single penny. All will be back on my bank account. Someone stole my Paypal password (on the phishing site)? It is my problem, Paypal will not refund it to me. I bought some travel trip but travel agency did not fulfilled its obligations? With credit card and chargeback I have all money back (and travel agency has their deal with payment company ceased). With Paypal this is my problem and Paypal is not going to refund me any single cent. Since my first chargeback request I don't hesitate to pay with cards at all. (And chargeback processing was faster than anyone expected: bank always contacts the other side to see their point of view and because other side doesn't want to loose their deal and go banckrupt, they send me money back on very same day)
  - exelib 4y ago
    Not sure if this is accurate. I was able to initiate a chargeback process from UI as a growing startup not giving a ** to return my money.
    - kkarpkkarp 4y ago
      so you didn't get back your money, yes? what did your bank answered to you? edit: ah, so you started the chargeback from some UI on the startup site? I think you hit their honeypot; you should initiate by contacting your bank. There is no point to report thief on a thief site :)

dncornholio 4y ago

> On contrary, it is the most secure because of the chargeback. So a leaky card is better because you have chargeback. Meanwhile, debit cards are more secure and also offer chargeback.. Meanwhile, my debit card can get stolen and nobody will be able to use it. If I lose my credit card, anyone can do anything.

kkarpkkarp 4y ago
> So a leaky card is better because you have chargeback. Yup, I will still stick to my point. Someone stole my card? Not super convenient, but I do not lose any single penny. All will be back on my bank account. Someone stole my Paypal password (on the phishing site)? It is my problem, Paypal will not refund it to me. I bought some travel trip but travel agency did not fulfilled its obligations? With credit card and chargeback I have all money back (and travel agency has their deal with payment company ceased). With Paypal this is my problem and Paypal is not going to refund me any single cent. Since my first chargeback request I don't hesitate to pay with cards at all. (And chargeback processing was faster than anyone expected: bank always contacts the other side to see their point of view and because other side doesn't want to loose their deal and go banckrupt, they send me money back on very same day)
- exelib 4y ago
  Not sure if this is accurate. I was able to initiate a chargeback process from UI as a growing startup not giving a ** to return my money.
  - kkarpkkarp 4y ago
    so you didn't get back your money, yes? what did your bank answered to you? edit: ah, so you started the chargeback from some UI on the startup site? I think you hit their honeypot; you should initiate by contacting your bank. There is no point to report thief on a thief site :)