Comment Credit cards are the key to scams ... (Score 5) 282
Has anybody noticed how credit cards lend themselves so easily to all kinds of monkey business?
Whenever you give your credit card number, you're handing over your wallet and telling the merchant to go ahead and serve himself. Although the credit card companies pretend that they regulate the merchants making charges, the scope for monkey business is astronomous.
The most dangerous merchants are, surprisingly, the bigger ones, like telephone companies and other utilities, and these are pushing for everybody to use credit cards.
I'm trying, however, to stop using credit cards altogether.
Since I live in Europe, and I'm quite lucky that most European consumers (and most smaller merchants too, because all transactions are registered, and handed down to the tax authorities) share this deep resentment for credit cards with me.
The more people use credit cards, the more I will be forced to use a credit cards. In the end, I'm not even going to be able to get a phone service, unless "I hand over my wallet".
Therefore, I would like to urge everybody to refrain from using credit cards as much as you can.
Whenever you give your credit card number, you're handing over your wallet and telling the merchant to go ahead and serve himself. Although the credit card companies pretend that they regulate the merchants making charges, the scope for monkey business is astronomous.
The most dangerous merchants are, surprisingly, the bigger ones, like telephone companies and other utilities, and these are pushing for everybody to use credit cards.
I'm trying, however, to stop using credit cards altogether.
Since I live in Europe, and I'm quite lucky that most European consumers (and most smaller merchants too, because all transactions are registered, and handed down to the tax authorities) share this deep resentment for credit cards with me.
The more people use credit cards, the more I will be forced to use a credit cards. In the end, I'm not even going to be able to get a phone service, unless "I hand over my wallet".
Therefore, I would like to urge everybody to refrain from using credit cards as much as you can.
