4 ms·
When I read about massive data breaches such as these it makes me wonder why we don't have a system in place to where we as the customer can generate a unique a
by geolisto 13y ago
When I read about massive data breaches such as these it makes me wonder why we don't have a system in place to where we as the customer can generate a unique authorization code for a one-time charge to our cards without having to actually reveal our credit card information.
It's bad enough that someone can buy a card reader and walk down a sidewalk and capture credit card data by just being within a few feet of someone.
- kh_hk 13y agoSome banks offer this service, which generate one-time credit card numbers for the specified amount of charge.
- ars 13y agoYou can. It's called a https://en.wikipedia.org/wiki/Controlled_payment_number https://en.wikipedia.org/wiki/Controlled_payment_number I use it all the time. I use one with every single online merchant except Amazon and Newegg. It's also great for places that like to auto-bill. Or if you are worried they will charge without permission. If you are going to get a credit card, get it with one of the few banks that offer these numbers. It's also great for asking someone to buy something for you: Create a number with a dollar limit and have them tell the merchant the number. Small merchants usually have no problem with this.
- cpks 13y agoIf you make it harder to pay, people will but less and when they do buy, they will more likely use cash. That is not a net win for credit cards.