How to eliminate card fraud

Looks reasonable to me

I thought that it looked overly complicated for little reward.

OK most people might tick "don't use for gambling/adult site" but how many people are going to say "never use for buying alcohol or international purchases"? Think about the inconvenience of not being able to put a bottle of beer in your supermarket shopping?

And as for "never to deliver overseas" most dealers aren't offering this in the first place (as if they do it's at their risk).

tim

Yes.

My suggestion would be to have a reference that changes every time the card is used. Therefore fraudsters would need more than the information on the card.

At 16:17:59 on 30/06/2009, Mark delighted uk.finance by announcing:

That's the point of two-factor authorisation such as now starting to be used for online banking.

At 00:24:42 on 30/06/2009, thedarkman delighted uk.finance by announcing:

"The first and easiest way is by issuing separate cards for on-line and real world purchases, so that a card stolen from a shopper cannot be used for currency transactions,"

That doesn't make sense.

"and a cloned card using bank details from a hacked website cannot be used in the local off-licence."

Well, it already can't. That's the point of EMV.

What might make sense is a card with a magstripe but no chip for use abroad, and one with a chip but no magstripe for domestic use. I'd pay for a service like that, as it would make cloning almost impossible in UK domestic use.

Neil

At 13:35:45 on 01/07/2009, Neil Williams delighted uk.finance by announcing:

Then every time you go away you're going to have to find out whether or not the destination country has migrated to EMV, and whether it's a

Why is alcohol singled out, but not cigarettes, mobile phone top-ups or Mach3 razor blades, or various small, but high value electronic items? Gaming sites (I assume he means online gambling) require identity documents, so it is probably harder to use a stolen card there than at most websites.

With more cards, it will be easier to lose them, and if it is a card you don't use much, you may not notice the loss. If you accidentally take the wrong card with you abroad, you can seriously mess up your holidays.

For those who rarely go abroad or always to well known destinations it would be fine. Personnally I'd like the choice.

I'd like to be able to disable ATM withdrawls on my credit card, since I never use it to withdraw cash.

If you rarely go abroad, then you are more likely to tick the box that you are not going to use the card abroad and then forget about it until you find that, for example, you are unable to rent a car at the airport and your once in a lifetime holiday turns into a disaster.

I would agree with the completely.

Maplin still do swipe and sig on my Amex card because their system isn't geared up for Chip & Pin on them. There's probably other examples in this country.