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Answers

Is giving my credit card,debit card and bank account information to paypal and ebay safe?
Bad Credit History?

There are rumours about money theft by unauthorized persons from your debit cards,credit cards and bank accounts.I am planning to do business online.Will it be safe to give my credit card, debit card and bank account number to paypal and ebay.


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Credit card out, debit card in!


For Kumud Hirawal and many more like her, suddenly it's not their credit cards that they reach out for but their debit cards, thanks to a ...

Can I pay with a credit/debit card from India for e-shopping?
IBM Retail User Group3

Can I pay with a credit card/debit card for paying in dollars or pounds for e-shopping outside India sitting in India? Or does it ask for a written application to the Reserve Bank of India, for permission to spend dollars/foreign currency beforehand?


Hi Samar,
You can surely pay bills and can do online shopping through Credit and Debit cards but fact is that, it is not always safe to do online shopping..
For example you are paying the bill, there are chances that there can be transactions that are debited twice or may be the transaction can be cancelled but the amount will be debited from your account...
so please make sure...that you are using your credit cards and debit cards for urgent purpose else go and have a personal shopping...

Navor Multipurpose Folio Wallet Leather Case for iPhone 4 in Coffee Brown - Slots Pockets for Bank Credit Debit Cards Driving License Money & SD Card
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Fits two credit card size items of your choice & additional pocket beneath to keep bills etc. Pockets are redesigned to insert cards with ease.

Is it illegal in the state of Texas to offer cash back through a credit card/debit card machine in a bar>?
IBM Retail User Group2

Being sold an ATM machine for placement in a bar in Tarrant County, Texas. Seller is telling me that there is legislation against bars or restaurants selling alcoholic beverages being allowed to offer credit card/ debit card customers cash back. Stating that as the reason I must have ATM instead of programming credit card/ debit card machine to allow cash back.


Sorry I don't know. However, You could check with your state legislator or the alcohol state regulatory commissions/board.

Remember the seller want you to buy an ATM. They could try any thing so you will bye it.

The best place to check. Is where you get your alcohol licenses from.

There is nothing wrong with a bar using a point of sale terminal that take both credit and debit cards. The debit part can allow cash back. The Credit part will not at this time.

White Credit Card ID Case for Apple iPhone 4, 4S (AT&T, Verizon, Sprint)
abz Cases

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Why do debit card companies want you to slide your debit as a credit card?
IBM Retail User Group1

I signed up for this chase extras promotion crap. And apparently, to gain points, I can only swipe my debit card as a credit, in order to get points.

Why is this the case, and why do so many credit/debit companies encourage you to swipe your DEBIT card as a credit card and sign?

Thanks, all answers are appreciated.


Because when you use a credit card, the merchant has to pay a fee, which is usually 3% to the bank. So...this way the bank makes more $.

Is it okay to register in PayPal if I don't have a credit card/debit card or bank account?
Translucent CBA MasterCard Debit

I just want to ask this guys because I have something to buy online but I need a PayPal account to pay for it. I don't have any credit card/debit card and bank account to use and register for PayPal. And now I don't know what to do.
Please help me so that I will know what to do.


The whole reason for a Paypal account is a secure method of payment, so if you have no account or credit they can verify or draw money from, how would Paypal get the money from you automatically (electronically)?


  • Buy Cheap

  • CardTrak.com - News - Three Dirty Words

    Reform for Consumers Act of 2009," which moves up the effective date for credit card reforms from February 22nd to December 1st. The "Fairness and Accountability in Receiving (FAIR) Overdraft Coverage Act" was introduced this week by Senate Banking Committee Chairman Chris Dodd. The proposed Consumer Financial Protection Agency (CFPA), was also approved by a House panel this week.

    The proposed "FAIR Overdraft Coverage Act" will:

    * Require banks to get a customer’s consent before enrolling them in an overdraft protection program for and debit card transactions;

    * Limit the number of overdraft coverage fees banks can charge to one per month and six per year;

    ...

    Read more...

    News

    Credit.com's Levin Makes Sense of New Credit Card Rules

    NewsHour - Oct 24, 2009

    Credit.com's Levin Makes Sense of New Credit Card Rules Credit.com's Levin Makes Sense of New Credit Card RulesSo now they're going to charge annual fees just like in the debit card area. The debit card Companies that were involved with debit cards were making $28 Debit cards in demand as financial crisis bitesCredit cards 'heading the way of cheques'Debit or credit: How to decide - -all 68 news articles »
    Credit card fees eating into store profits

    Providence Business News - Oct 25, 2009

    Credit card fees eating into store profits The number of transactions involving cards is also expected to grow, according to the bureau. Credit or debit cards will be used in 43.7 billion
    Can American Express charge ahead of its rivals?

    Daily Finance (blog) - Oct 24, 2009

    And Visa (V) and Mastercard (MA), the two biggest card networks, have seen a big shift toward debit cards from credit as beleaguered consumers become more and more »
    Credit Cards or Credit Crash? The Assault on Consumers Continues

    Huffington Post (blog) - Oct 24, 2009

    My best advice: if you can afford it, use only your debit card. Once again, don't count on an umbrella from a bank when it rains -- only when the sun is and more »
    UPDATE 2-U.S. judge OKs $336 mln credit card fee settlement

    Reuters - Oct 23, 2009

    It covered holders of US-issued MasterCard or Visa credit cards or debit cards and Diners Club credit cards who made foreign transactions between 1996 and Judge OKs $336M Settlement Over Credit Card Fees$336 Million Settlement Approved in Big Banks, Visa, MasterCard Class Actionall 17 news articles »
    Suspect sought who used stolen credit card in Coram

    Newsday - Oct 24, 2009

    Police also did not specify whether the card was used as a credit card, requiring a signature, or as a debit card, requiring a password.
    Debit Card Left Behind, Employees Charged

    Journal & Topics Newspapers Online - Oct 24, 2009

    Two employees at a Rolling Meadows McDonald's Restaurant were apprehended for allegedly using a customer's debit card at local stores. and more »