141 votes

Urgently need pre-paid debit card to pay debt collector

This sounds like a scam. The debt itself may be legitimate but the debt collector doesn’t sound legitimate. Legitimate businesses would never need access to your bank account. If you have the funds ...
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  • 9,182
132 votes

Why do credit cards have their number and CVC code printed on them for all to see?

Ultimately you don't bear the fraud risk so you you don't set the risk tolerance. The three digit code, the whole card number, chip and pin, chip and signature, the signature on a receipt, the info ...
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  • 48.4k
88 votes

Email asking for CVV, two days after I make a purchase?

DO NOT respond directly to the email with your information. I cannot stress that enough: DO NOT respond to the email with any valuable information. If you decide to send them the CVV number to process ...
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  • 2,272
56 votes
Accepted

Why do credit cards have their number and CVC code printed on them for all to see?

The purpose of the security code is not a secret PIN. The purpose is to "prove" that you have the physical card in your possession at the time of purchase. It is only used when the merchant cannot ...
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56 votes

Using credit/debit card details vs swiping a card in a payment (credit card) terminal

I see three possible reasons: He doesn't have a secure way (or any way) to manually enter card details. Most payment terminals have a keypad and can support manual entry (or PINs), but everything ...
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  • 2,062
54 votes

Charges from Dollar General have never shown up on my debit card. How can I resolve this?

Charging a debit card "as a credit card" doesn't mean that your debit card will actually act as a credit card. It doesn't build up a debt which must be explicitly paid later, as a credit card would. ...
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  • 513
54 votes

How can a client pay me for freelance work if I don't want him to know my name and he is uncomfortable using bitcoin?

Use an intermediary. Rather than your client meeting with that forum person, he could meet with an intermediary that will then provide that payment to the forum persona he is contracting. This ...
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  • 805
52 votes

Urgently need pre-paid debit card to pay debt collector

For the purposes of this answer I am assuming that this is not a scam, and that they are not the one who led you down the path of needing to use gift cards to make the payment. No legitimate business ...
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49 votes

Why do VISA "Electron" and Master Card "Maestro" cards have special limitations in when they technically work?

Other Visa or Mastercards are either credit cards, or debit cards associated with a bank account with an overdraft facility. There is a high probability that a transaction will be honoured even if ...
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  • 8,255
47 votes

How should I handle money returned for a product that I did not return?

In my opinion, you've done more than you need to do. Some would argue that you didn't need to do anything at all. It wasn't your fault that payment was reversed and it is the job of the seller to ...
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  • 7,022
38 votes
Accepted

What are the limitations of use of "Electronic use only " debit card

"electronic use only" cards can only be used by vendors that can instantly verify and authorize the purchase, which is most vendors these days, but there will be some exceptions: vendors that use old ...
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  • 113k
35 votes

How can a client pay me for freelance work if I don't want him to know my name and he is uncomfortable using bitcoin?

I am not familiar with Russia's postal service, but might you go low-tech and simply have the client physically mail you currency? Again, ignorance of Russian services available, but in the US you can ...
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35 votes

How can a client pay me for freelance work if I don't want him to know my name and he is uncomfortable using bitcoin?

Use an escrow service An escrow service is a third party that holds the payment from the buyer while the transaction is in progress. Once the buyer and seller agree that the obligations have been ...
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34 votes
Accepted

How can I prevent future card fraud?

For starters - by not using debit cards. It has been noted on this site numerously that credit cards are safer. Not only in the US, Visa/MasterCard dispute resolution rules for credit cards are ...
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  • 127k
32 votes

Email asking for CVV, two days after I make a purchase?

It may not indicate fraud but it suggests incompetence/amateurism on the part of the business. This is not the normal flow for accepting credit card payments -- have they just started doing so? Ben ...
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  • 28.1k
31 votes

Would I ever need credit card if my debit card is issued by MasterCard/Visa?

"Need" is a strong word. As far as merchants are concerned, if they accept, e.g., Visa credit, they will accept Visa Debit. The reverse is not necessarily true. Up until lately, Aldi would only accept ...
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  • 2,272
31 votes
Accepted

Charges from Dollar General have never shown up on my debit card. How can I resolve this?

It's been 3 years, just let it go. Chances are the transactions did go through but you are either not looking at the right statements or the transactions are showing as something that you can't ...
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  • 1,322
28 votes

Using credit/debit card details vs swiping a card in a payment (credit card) terminal

Using the physical card or not are two different scenarios, namely "Card Present" and "Card Not Present" (also known as MOTO as in Mail Order / Telephone Order). They may involve different contracts, ...
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  • 3,397
27 votes
Accepted

How can a debit/credit card PIN be updated remotely?

The EMV standard supports two (technically three) methods of verifying a PIN. In the first method ("online"), the PIN is encrypted and sent to the bank for verification. The other method ("offline") ...
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  • 2,062
25 votes
Accepted

Why is EMV chip+signature gaining popularity over chip+PIN in the United States?

Krebs on Security had an excellent article on this subject in late 2014 (right as the US was starting to transition to chip-and-signature). A few initial details: US Point of Sale (POS) systems do ...
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  • 34.6k
24 votes

Urgently need pre-paid debit card to pay debt collector

Even if they were legit, they won't file litigation (which is a lawsuit) because the overhead costs are considerable. But who cares? It's not a lawsuit until they serve you. Then it'll be a month + ...
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23 votes

Would I ever need credit card if my debit card is issued by MasterCard/Visa?

Car rental agencies typically accept only credit cards for the rental (you can pay at the end with debit, but the securing during the rental must be a credit card - or a high cash deposit). Hotel ...
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  • 36.7k
23 votes
Accepted

Is there a way to know the number of a lost debit card?

I would look at the bank website for any monthly statement that would specify the last four digits. It may also have been included in any email correspondence from the bank when the card was reported ...
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22 votes

Is a debit card dangerous for an account with low balance and no overdraft protection?

The "danger" of using a debit card is that what backs it is your real money. If there is a fraudulent transaction, the money that is used to settle the transaction is yours. Yes there is a dispute and ...
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  • 2,282
21 votes

What are credit cards, debit cards, and other types of cards?

EU and more specifically Germany: (Colloquial) terminology is roughly: the card automatically issued by your bank is the "bank card", and cards issued by e.g. Visa, Mastercard, Diners, American ...
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20 votes
Accepted

Why do credit card transactions take up to 3 days to appear, yet debit transactions are instant?

When you swipe your credit card, the terminal at the store makes a request of your bank, and your bank has only a few seconds to accept or reject the transaction. Once the transaction is accepted by ...
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20 votes

Would I ever need credit card if my debit card is issued by MasterCard/Visa?

Possibly not relevant to the original asker, but in the UK another advantage of using a credit card is that when making a purchase over £100 and paying by credit card you get additional protection on ...
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  • 301
20 votes

How can a client pay me for freelance work if I don't want him to know my name and he is uncomfortable using bitcoin?

Depending on the amount, he could use money orders (for example Western Union), Amazon gift cards (or similar) and DM/email you the codes, or mail you prepaid Visa/Amex credit cards.
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  • 4,605
20 votes

Email asking for CVV, two days after I make a purchase?

Even if this is an innocent request it's wrong. PCI-DSS regulations (which have a global reach) are extremely strict about the management of card data. Certain values cannot be retained at all and ...
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