Saturday, January 11, 2014

Are Debit Cards Safe Anymore?

#TexasNewsBlog #TexasNews #TexasBlog



Texas News Blog: First, there was Target's security failure that caused over 100-million debit cardholders to rush to get replacement cards and then on Friday it was learned that Neiman Marcus had something similar happen to them, as well. I wonder, if it is safe to even use debit cards anymore? Fortunately - for consumers and banks the answer is yes, because both will always be made whole in the end. However - reputable businesses will see their profits suffer, if they don't follow all the rules set forth when they accept these cards as payment. It is still safer to use a debit card than to carry cash around. If someone steals your good old American legal tender, it is gone for good.

Click here to read more about this story.

Privacy Policy - Email - Contact - Home

No comments:

Post a Comment