Re: Debit card compromised

SilleeMee · ‎05-22-2016

About those cards with chips...

...there are basically two types, one that is a contact-swipe kind (most common here in the US) and the other is a RFID chip which transmits a radio wave out into the air intended to be received by a merchant's (touchless) card transponder box. These RFID type cards, when delivered to you, come with a notice stating it's a RFID type card and to take note of the possible fraud that can take place when using them. RFID cards are not common here in the US and are primarily used in Europe.

Lipstickdiva · ‎03-10-2010

@SilleeMee wrote:
About those cards with chips...

...there are basically two types, one that is a contact-swipe kind (most common here in the US) and the other is a RFID chip which transmits a radio wave out into the air intended to be received by a merchant's (touchless) card transponder box. These RFID type cards, when delivered to you, come with a notice stating it's a RFID type card and to take note of the possible fraud that can take place when using them. RFID cards are not common here in the US and are primarily used in Europe.

Exactly. All those RFID wallets, handbags, etc. that people are buying thinking they are protecting themselves are really useless in many instances.

Ibby114 · ‎03-10-2010

@Spurt wrote:
@Ibby114 wrote:
I never thought of going into the actual store when this sort of thing happens- I just call the credit card and report it to them. In fact, I have so many security alerts on my cards the banking institution usually catches it before I do!!

@Ibby114

Credit cards operate differently than Bank cards....if your debit card is compromised the Bank makes you go to the bank to sign papers, you cant do it over the phone like you can with credit cards.....

@shoesnbags

A friend and I had a problem at a restaurant, someone there is a crook and copied our card numbers and used it to make online purchases...We both notified the restaurant and vowed never to return there again!

.My friend used her debit card and they made her come to the bank before her money could be returned that was charged fraudently , mine was a credit card and I got an alert and all I had to do was call to report it.

With a credit card your money is immediately put back on your account, they close the account and send you a new card, but the bank takes a little longer to return money to you.........

@Spurt it must depend on the bank, I took care of my debit card issue wiith BOA on the phone. They froze the account & reissued a new number, refunded the disputed charges, etc.