I have ceased making internet purchases by bank card [1] since Verified by Visa was introduced, as there is simply *no way* I'm going to sign up to that liability-shifting scam.
[1] Fortunately the internet businesses I currently use are wise enough to accept other means of payment.Unfortunately, I will need to make some internet purchases in the near future with businesses where I suspect that non-card payment methods will not be an option. Does anybody know whether the Verified by Visa trap is associated with a particular bank card number or with the underlying account, irrespective of what the actual card number may be from time to time?
If the latter, I can only make 3 more internet purchases - *ever*, unless I open a new bank or credit card account on a regular basis.
If the former, in order to preserve my security, I guess it would be unfortunate if I were to clumsily lose my bank card periodically, and have to ask for a new card, with a new number, and reset the VbV timebomb..
Does anybody know for sure which way the system works in this regard?
Thanks,
David.