Re: Trading security for convenience
"The difficult part is actually getting the money out of your merchant account (which you have to have to get the money using card systems in the first place) before the fraud reports shut it down and refund all the cash. Turns out that isn't easy to do , which is why this isn't happening all the time right now..."
Absolutely right.
The scare stories are deliberately missing out the inconvenient fact the people aren't losing out - particularly if they use a credit card.
And I'm surprised people are saying there is no protection in the EU for using a credit card, I thought the Consumer Credit Act was an EU Directive.
Biting the hand that feeds IT
