Windows 7 Forums
Welcome to Windows 7 Forums. Our forum is dedicated to helping you find support and solutions for any problems regarding your Windows 7 PC be it Dell, HP, Acer, Asus or a custom build. We also provide an extensive Windows 7 tutorial section that covers a wide range of tips and tricks.

Windows 7: The Risk inside your credit card

17 Feb 2014   #21
Lady Fitzgerald


Quote   Quote: Originally Posted by marsmimar View Post
Quote   Quote: Originally Posted by jumanji View Post
U.S.A is lagging behind many other nations that have already changed over to the EMV (Euro MasterCard Visa) chip card and yes Oct 15 is the deadline for USA for the changeover.(50% of card frauds take place in U.S.A.)

In India, we have already received the replacement "Chip and Pin" cards. My credit card requires me to punch in the four digit PIN at the POS terminals. I can login and change my PIN at will through the cardissuer's website. For online transactions a transaction is completed only after punching in a OTP (One-Time- Password valid for 10 minutes) received on my registered mobile. Also we receive an alert on our mobile whenever a card transaction is completed irrespective of the amount involved..

My six digit debit card PIN can only be changed on my Bank's ATM and for online transactions I receive the OTP on mobile as well as email.

Effectively there are additional layers of security to prevent fraudulent transactions.
Just out of curiosity, how does an online transaction get completed if the card holder chooses not to have a mobile device? Reason I ask is my credit union is also talking about this exact same two factor authentication process with their new cards. Hate to admit it but being disabled and on a fixed income I don't have a mobile device because of the added cost.
That same question ran through my mind. I do have a mobile for emergencies but it is an ancient prepaid thing that gets turned on only when I need to use it and I do NOT give that number out so scammers and telemarketers won't abuse it like they do on the landline I'm about to yank because of them.

Online account access for my credit union requires a temporary, onetime access code in addition to a password each time I log in unless I register the computer with them. That code can be received either by text message to a mobile phone or by email. I use email when the cookie that holds the account registration gets removed and I need a new access code.

I'm all for increased security but not to the point I'm unable to use my own accounts. It's even worse than child resistant caps (which most children can open anyway) on Rx bottles. At least I'm able to get my Rx with easy open caps.

My System SpecsSystem Spec
17 Feb 2014   #22

Microsoft Community Contributor Award Recipient


Thank you jumanji and Jeannie for your input. Today is a federal holiday in the US and our banks and credit unions are closed. I think I'll use this time to compose an email asking how they plan to accomodate customers who don't have a mobile device. I'll try to use simple one syllable words so the person who receives my email will (hopefully) understand it.
My System SpecsSystem Spec

 The Risk inside your credit card

Thread Tools

Similar help and support threads
Thread Forum
Paying by credit or debit card
Can anyone put me on the right road to getting a system that will allow visitors to our church web site who wish to make a donation to our church, either by visa debit or credit card be able to do so please? I have a set of suitable icons but need the engine to drive the system. Unfortunately,...
General Discussion
Man who created own credit card sues bank
LOL. Man who created own credit card sues bank for not sticking to terms - Telegraph
Chillout Room
Blue Screen during Credit Card purchase
I got a BSOD during a credit card purchase and it was right after I finished entering all the information and then clicked checkout or whatever. As soon as the page loaded saying "Processing order...", about 3 seconds later it just crashed. I was wondering do you think this will affect my order...
BSOD Help and Support
Blippy users' credit card #s show up in Google
Not sure if anyone uses Blippy, but if you do, you might want to check on google for your card number. I just did a search, and the problem has not been resolved yet. Mashable

Our Sites

Site Links

About Us

Find Us

Windows 7 Forums is an independent web site and has not been authorized, sponsored, or otherwise approved by Microsoft Corporation. "Windows 7" and related materials are trademarks of Microsoft Corp.

Designer Media Ltd

All times are GMT -5. The time now is 08:57.
Twitter Facebook