Credit Card Security

fred1892

Hi,

Which cards are best for security... e.g. do any refuse online (card holder not present) transactions where the delivery address doesn't match the card holders address? or don't sites have to supply that info during authorisation?

Cheers

James

Which Cards Are Best For Security? A very good question.

Would that be personal (physical) security? Is it safer for me to have Chip & PIN or Chip and Signature Card – which card do I have less chance of being mugged for?

Whose plate does liability for fraud end up on? If I am the victim of fraud, which card (using PINs or Signature) will I be able to prove that I didn’t carryout a particular transaction?

More Secure for who?

The Card Issuer, Retailer or Consumer?

Security when ordering goods via the internet, or by phone or mail is mainly left up to the retailer, they usually end up bearing the cost of fraud.

See:

Getting Chip & Signature Cards vice Chip & PIN.

and Chip ‘n’ PN – A Quick Guide Discussion Area

in the this Forum where various aspects of security are covered.

carl310166

On at least 3 occasions when i have ordered high value goods on the internet,Tesco credit card has declined the transaction.

Twice they didn't contact me at all,i had to ring them to find out what was going on.

The other time,they rang me to ask if i had ordered something,but they had still refused it first.

I asked them what i could do to stop this happening in future,they told me to riotify them before ordering something over a certain amount (i can't remember how much,£300 ?)

I realise they have to reduce credit card fraud,but just cancelling my order is a bit much,but there again,i don't know what the answer is.

jonesMUFCforever

Ltsb's online shopping (the one available with Goldservice and Platinum) will not deliver to any other address than the one the card is registered to (ie customer's address).
Eric