[dbussone]

Originally Posted by DonH57

Whether it's gas pumps or atm's, I always look to see if anything appears to be added to the machine or looks like it doesn't belong there.

I don't just look, I try to remove the card reader to see if anything is loose. Nothing should be.

[alemorkam]

That must mean you pay cash when you eat out. The waiter or waitress can easily copy down the CC information in the back room. You use cash for everything? Seems like carrying cash around would be dangerous

[Villages PL]

It doesn't take long to pay cash and the exercise is a bonus. You walk in and stand in line. Typically you only have to wait about 1 or 2 minutes. How long do you wait at a traffic light or in the supermarket?

How much time do you spend looking at your credit card statement to make sure it's accurate?

[Topspinmo]

Originally Posted by alemorkam

That must mean you pay cash when you eat out. The waiter or waitress can easily copy down the CC information in the back room. You use cash for everything? Seems like carrying cash around would be dangerous

Only if they have a skimmer, they can't get it out of the computer or off your purchase ticket (not like the old slide carbon paper receipts that left you credit card information on the carbon copy, we learned with that process to get the all the carbon copies). I guess they could add charges, but that would just go to the store. IMO most skimming operations are inside jobs, I sure they have cameras about. IMO employee in on it and cuts the cameras while the skimmer's are installed. IF not wouldn't somebody be reviewing the cameras for trampering or checking the machines?

As far as carrying cash, for me it don't take that much for the places we travel. that's why I have Citzen's account ease of access.

then there the pocket skimmer's that can skim you information as you walk by in you billfold, purse, or inline at the cashier. I guess the copper lined (or metal lined, thin piece like tin foil) credit card pouches or holder prevents this. At least I hope so.

Skimming programs and equipment are sold illegally form Foreign countries along with Blank card with magnetic strips and transferring the information skimmed onto card. Now it can be used anywhere and the bill comes to you. Course this takes about month, buy that time they are long gone.

I bet if you ask someone that got skimmed and their information taking I bet they would tell you they never want to go through that again. This 20 century old tech. was out of date in the 90's. It's bigger problem than we think.

Read all this on the web and news reports over the years so it must be true?

[CFrance]

Originally Posted by Villages PL

It doesn't take long to pay cash and the exercise is a bonus. You walk in and stand in line. Typically you only have to wait about 1 or 2 minutes. How long do you wait at a traffic light or in the supermarket?

How much time do you spend looking at your credit card statement to make sure it's accurate?

I don't have to look at my cc statement. I get an email each and every time a charge is posted to my cc, no matter the amount. I set that up online. Also, I have never, ever been held accountable for fraud on any charge card, and it's safer in my opinion than walking around with a lot of cash. I just don't get why people are afraid of fraud on a credit card. Fraud will happen, but you never get stuck for the amount.

Credit cards are a fact of life, make life so much easier, and people should not be afraid to use them. You are much better protected than with checks or cash.

My new Amex arriving soon will be chip and signature. Our new debit cards are chip & sig. Waiting for Visa to step up to the table.

[RedChariot]

Originally Posted by CFrance

I don't have to look at my cc statement. I get an email each and every time a charge is posted to my cc, no matter the amount. I set that up online. Also, I have never, ever been held accountable for fraud on any charge card, and it's safer in my opinion than walking around with a lot of cash. I just don't get why people are afraid of fraud on a credit card. Fraud will happen, but you never get stuck for the amount.

Credit cards are a fact of life, make life so much easier, and people should not be afraid to use them. You are much better protected than with checks or cash.

My new Amex arriving soon will be chip and signature. Our new debit cards are chip & sig. Waiting for Visa to step up to the table.

I understand the chip part. Please explain the signature. Card has your signature?

TIA

[CFrance]

Originally Posted by RedChariot

I understand the chip part. Please explain the signature. Card has your signature?

TIA

There are two kinds of chip cards--chip and pin and chip and signature. Europe uses chip and pin, where you have to enter a pin # at point of sale. Most of the US banks are pushing chip and signature (no pin). Chip and pin is more secure if the card is stolen and attempt is made to use it. Also they are more expensive to duplicate.

If you google chip and pin vs chip and signature, there are some articles on which is better and why. Here's one:]]http://krebsonsecurity.com/2014/10/chip-pin-vs-chip-signature/

[JoMar]

Originally Posted by CFrance

I don't have to look at my cc statement. I get an email each and every time a charge is posted to my cc, no matter the amount. I set that up online. Also, I have never, ever been held accountable for fraud on any charge card, and it's safer in my opinion than walking around with a lot of cash. I just don't get why people are afraid of fraud on a credit card. Fraud will happen, but you never get stuck for the amount.

Credit cards are a fact of life, make life so much easier, and people should not be afraid to use them. You are much better protected than with checks or cash.

My new Amex arriving soon will be chip and signature. Our new debit cards are chip & sig. Waiting for Visa to step up to the table.

My wife and I also get a text message on every charge on both our cards.....and it usually shows up before the transaction is completed. Not foolproof but as the other posters have stated, I also am not responsible for anything charged by others.

[memason]

Is anyone using the new ApplePay?

With ApplePay, no one even sees your credit card, card number or anything else.

To me, this seems a very secure technology, but will take years to catch on...

There are some places, in The Villages, that take ApplePay.

[Villages PL]

If credit cards are so care free, how come there are so many hacker stories in the news, like J.C. Penny etc.. J.C. Penny is having a tough time lately because of the sensitive information that was lost.

When something is "new" and better, like new cards, isn't it just a matter of time before crooks figure out how to tap into it?

P.S. The cash in my wallet works perfectly every time and I don't have to check my email after spending. And there's no danger of carrying a lot of cash. Whenever I purchase a big item, which is rare, I pay by check.

[CFrance]

Originally Posted by Villages PL

If credit cards are so care free, how come there are so many hacker stories in the news, like J.C. Penny etc.. J.C. Penny is having a tough time lately because of the sensitive information that was lost.

When something is "new" and better, like new cards, isn't it just a matter of time before crooks figure out how to tap into it?

P.S. The cash in my wallet works perfectly every time and I don't have to check my email after spending. And there's no danger of carrying a lot of cash. Whenever I purchase a big item, which is rare, I pay by check.

And your check has a heckuva lot more information on it than your credit card. Nor is your bank going to restore any of the money that's cleaned out of it when some crook takes the routing and account number off your check and cleans you out.

So we can all crawl under a rock and refuse to bring ourselves into the 21st century, or we can trust that we won't be held responsible for the fraud. And we can take precautions such as not establishing "accounts" with online vendors that will be hacked. In the two security breaches that have happened in my life, the company that was hacked provided us free of charge with a year's worth of identity theft protection.

You should not even be using the internet if you're so afraid of your security. Throw your cell phone away too, if you have one. And get your investments back in cash and hide it in your mattress, just in case.

[CFrance]

Originally Posted by memason

Is anyone using the new ApplePay?

With ApplePay, no one even sees your credit card, card number or anything else.

To me, this seems a very secure technology, but will take years to catch on...

There are some places, in The Villages, that take ApplePay.

I think it's a good thing, memason. I'd like to see it become available across the board, and for not just Apple.

[Barefoot]

Originally Posted by CFrance

There are two kinds of chip cards--chip and pin and chip and signature. Europe uses chip and pin, where you have to enter a pin # at point of sale. Most of the US banks are pushing chip and signature (no pin). Chip and pin is more secure if the card is stolen and attempt is made to use it. Also they are more expensive to duplicate.

We've had a Canadian Visa chip card for a few years now, no signature required, just a PIN number to enter, very fast.
I always think the USA is ahead of Canada in every way, so I was amazed that we are still asked for a signature here in TV.
Surely Visa will step up soon.

[CFrance]

Originally Posted by Barefoot

We've had a Canadian Visa chip card for a few years now, no signature required, just a PIN number to enter, very fast.
I always think the USA is ahead of Canada in every way, so I was amazed that we are still asked for a signature here in TV.
Surely Visa will step up soon.

My understanding is that it's a matter of the US banks and the store vendors not wanting to spend the money to change the antiquated, insecure system.

Bare, when you're at a restaurant in Canada, do they bring a card reader to the table so you can pay your bill without ever having the card be out of your sight? That's another thing common in Europe that should be instituted here as well. But it costs $.

[JoMar]

Originally Posted by Villages PL

If credit cards are so care free, how come there are so many hacker stories in the news, like J.C. Penny etc.. J.C. Penny is having a tough time lately because of the sensitive information that was lost.

When something is "new" and better, like new cards, isn't it just a matter of time before crooks figure out how to tap into it?

P.S. The cash in my wallet works perfectly every time and I don't have to check my email after spending. And there's no danger of carrying a lot of cash. Whenever I purchase a big item, which is rare, I pay by check.

We all have our own paranoia's.....if cash works for you who are we to try and change that.