Sunday, April 22
Waiters stole credit card info resulting in three million bucks in unauthorized charges.
I feel safer buying online, from reputable companies, than I do in giving my credit card to some workers in some restaurants or gas stations.
In general, the credit card business has been described as a sleazy industry, with aggressive practices. But in some ways, these practices may have evolved to protect legitimate businesses and consumers from sleazy consumers and businesses. :)
For example, if a business gets an account to process credit cards, and is then found to be misusing that account, I'd hope it would make it harder for that business to later get another account to accept credit cards? ¶9:14 AM; digg
I feel safer buying online, from reputable companies, than I do in giving my credit card to some workers in some restaurants or gas stations.
In general, the credit card business has been described as a sleazy industry, with aggressive practices. But in some ways, these practices may have evolved to protect legitimate businesses and consumers from sleazy consumers and businesses. :)
For example, if a business gets an account to process credit cards, and is then found to be misusing that account, I'd hope it would make it harder for that business to later get another account to accept credit cards? ¶9:14 AM; digg
