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Depending on jurisdictions, it may not be about security, but just a regulatory requirement. I need to confirm any transaction made in the bank's app on my phon
by Cu3PO42 2y ago
Depending on jurisdictions, it may not be about security, but just a regulatory requirement. I need to confirm any transaction made in the bank's app on my phone, so I feel my card is sufficiently secure in that sense. However, businesses here are required to collect my billing information for transactions that do not happen in person and unfortunately address is defined to be a part of that.
That said, I fully agree with you. I see little reason that buying, for example, a video game online needs my billing information more than walking into a store and buying it there, possibly with the same card.
This just reminded me of a quote: "If cash were invented today, it would be illegal." I forget who (first) said it, but it rings true.
- 35fbe7d3d5b9 2y ago> I see little reason that buying, for example, a video game online needs my billing information more than walking into a store and buying it there, possibly with the same card. In your latter example, a nexus clearly exists between the business selling you a video game and the state, so sales tax collection is patently obvious. When you buy online, they have to ask - it’s the only way to figure out the proper jurisdiction.