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0 pointsprashantsengar3y ago0 comments

Same here in my country. It feels so weird that the service provider has the ability to just charge a card in the US if you enter the three things printed on the card. That would cause a lot of frauds if it happened here. Fortunately, the central bank has strict regulations here and we need to authorize a payment by using a password or an OTP.

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kube-system3y ago

Rather than having strict regulations to require password or OTP, the US has strict regulations that require banks to reimburse consumers for any credit card fraud.

I’ve had it happen a couple of times. It’s a minor inconvenience to switch over any subscriptions to a new card, but it has never cost me a penny.

viscountchocula3y ago

It causes a lot of fraud in the US, too!

j / k navigate · click thread line to collapse

0 pointsprashantsengar3y ago0 comments

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kube-system3y ago

Rather than having strict regulations to require password or OTP, the US has strict regulations that require banks to reimburse consumers for any credit card fraud.

I’ve had it happen a couple of times. It’s a minor inconvenience to switch over any subscriptions to a new card, but it has never cost me a penny.

viscountchocula3y ago

It causes a lot of fraud in the US, too!

j / k navigate · click thread line to collapse