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That's an interesting document. One would think that Coin would be used in "Card Present Transactions," however, none of the security features of a real card c
by dnm 13y ago
That's an interesting document. One would think that Coin would be used in "Card Present Transactions," however, none of the security features of a real card can be verified using a Coin, since they don't exist. Why would a merchant accept Coin?
- danudey 13y agoThis is an excellent point. You could make a series of purchases with your Coin set to your credit card, use an obviously fake signature, then dispute them all. The merchant can't claim that they checked the signature because they obviously don't match, so any merchant that lets you use your card has little recourse in the case of chargebacks.