On 7/3/2011 2:19 PM, harry wrote:
On Jun 27, 9:32 pm, wrote:
If someone used your card without your permission, would that not
already be fraud? Just wonder how often a signature dispute comes up.

Tch. How backward you Yanks are. Signatures indeed.
European credit cards have an inbuilt microprocessor. You put your
card in the slot and type in your secret PIN number. Lots of stuff
now, you buy& pay for without reference to any store employee.

It's a problem for Yanks over here (UK) when they produce their
obsolescent cards.

Harry my British friend, you keep forgetting that The U. S. is a lot
bigger than The U.K. and things like that are more difficult to change
on a national basis. I agree that we need the ability to punch in a
secret pin number of some sort for credit card purchases like we now
do when a the card is used in debit mode. My idea would give the CC
holder the feature of flagging his account voluntarily so merchants
would be instructed to ask for other ID when a purchase is made. I have
a lot of my accounts for different things setup so customer service reps
have to ask a phone caller for a password before proceeding. There is an
old form of harassment where someone angry with you could call a utility
and have your services cut off by pretending to be you. I have even
asked my commercial parts and equipment suppliers to ask anyone calling
up and posing as me to be asked for the account password before telling
them anything, including prices. ^_^

TDD