Thread: Debit cards
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Old 11-01-2006, 09:33 PM
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Jacklad Jacklad is offline
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Default Re: Debit cards

Quote:
Originally Posted by lrjohnson
No, I didn't. It was a "swiped" card, meaning my magnetic strip info was stolen, like with the scam ATM. I don't know if the thief "used" my PIN or used my debit as a credit and signed or what. I recovered 100% of my money including all fees, so overall not too horrible.
OK - that's a difference between the Canadian and US systems then. Ours are pin only, no signatures. Probably safer, because you know how often cashiers check signatures.

If you're up for a laugh, check out http://www.zug.com/pranks/credit/ to see how bad this can be in real life. Although this was a credit card, it still boggles the mind to see the transactions that were accepted, and the fact the neither cashiers nor the credit card company noticed anything amiss (well, not until the very end of Part 2, and that required a huge purchase).

Jackie
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