BiscottiGelato

原帖由 noa 於 2009-2-18 14:55 發表


只不過是幾舊水~~
加塊chip無甘容易比人dup張假卡出黎o麻~~

Exactly, that's the only purpose of the chip. It is not to make it so that you have to put in or password or anything. They can easily make cards that doesn't have a chip that can still allow for password authentication (for example, your debit card). The chip is to make it so that you can't make a fake card without access to the codes embedded in the chip. Not going to elaborate, but those codes inside the chip is made so that it can't be changed and it can't be read by anything. It is just there to accomodate for probably a challenge/response type of authentication system.

The password system is just a parallel effort. It allows a more concrete way to authenticate the card user. Really, do you think signature check was any useful at all? Nobody ever checks my signature, and signature checking is ambiguous anyways. I'd rather put in a PIN so that my card can't be used when stolen.

[ 本帖最後由 BiscottiGelato 於 2009-2-18 15:24 編輯 ]

Littleprince

原帖由 noa 於 2009-2-18 15:55 發表


只不過是幾舊水~~
加塊chip無甘容易比人dup張假卡出黎o麻~~

add chip I appreciate, but not PIN lor

布小熊

the only thing i don't like about the chip is the need to go to the cash register after fine dining. it's so... non-fine dine at the end.

tofu

if you don't want the auto limit increase, you can tell them not to automatic increase your limit at all.  
they increased my limit couple yrs ago, so i asked them reduced my limit back to original and not to automatically increase my limit again.  so far, they haven't increase my limit again.

for online purchase, they introduced a system called "Verified by Visa".  You either answer few questions each time when you do online purchase or register your card and enter your PIN la.  
http://www.rbcroyalbank.com/cards/vbv/index.html

fibbi

Ai Ya...I use RBC card as well....And I don't like those PIN either... Guess I can't avoid it.
Yeah talking about visa limit. It just keeps going up out of no reason. There is one time I call card center (forgot the reason). The staff asked some "security" questions and one of them is how much is my visa limit. I told him how can I know when it keeps going up without my approval.
But in Van people simply don't check signature. IMO those stores should really be responsible for any fraud card lor...In HK every store (at least 99% of the store I have been to) all check signature.

Littleprince

原帖由 fibbi 於 2009-2-18 16:45 發表
Ai Ya...I use RBC card as well....And I don't like those PIN either... Guess I can't avoid it.
Yeah talking about visa limit. It just keeps going up out of no reason. There is one time I call card cen ...

not out of no reason, there are 2 reasons:

1) they have to meet their goals (they have a goal to increase ppl's limit, that's true)
2) you have good credit...

only ppl have bad credit won't be increased their limit, try it yourself, if you are paying min every month for a year, or even skip some payments, they won't increase yours

fibbi

原帖由 Littleprince 於 2009-2-18 16:49 發表
not out of no reason, there are 2 reasons:

1) they have to meet their goals (they have a goal to increase ppl's limit, that's true)
2) you have good credit...

only ppl have bad credit won't be incr ...

But they increase my card limit to more than what I have in the account wor...that doesn't make sense.
(not that my card limit is a lot, I just don't put that much $ in that account la)

noa

原帖由 fibbi 於 2009-2-18 16:45 發表
But in Van people simply don't check signature. IMO those stores should really be responsible for any fraud card lor...In HK every store (at least 99% of the store I have been to) all check signature.

可能Check簽名作用已經不大, 因為根本成張卡都係dup出黎, 甘上面個簽名都係作出黎....
甚至可能連張ID都係假...

[ 本帖最後由 noa 於 2009-2-18 17:10 編輯 ]

Littleprince

原帖由 fibbi 於 2009-2-18 17:04 發表


But they increase my card limit to more than what I have in the account wor...that doesn't make sense.
(not that my card limit is a lot, I just don't put that much $ in that account la)

they have a formula to calculate based on your income, credit history, etc....
nothing to do with your income or what is in your bank account, they don't care... they can increase your limit way higher than what you made... you can see from HK examples, somebody got 6x they salary as their visa limit, they are hoping that you cannot afford then you'll pay only min. so that they can charge you high interest (more than 40% annually compound interest plus whatever you purchase afterward), don't ever fall into those trap, my friend....

Littleprince

呢度有無人唔知﹐若果你欠 VISA 或 MASTERCARD 錢﹐即使每個月 PAY MIN。﹐你之後所買任何野都要比好高利息﹐重要係日息﹐貴過大耳窿﹐大家請小心。。。

若果已經欠債又無錢還﹐去做一個 CONSOL LOAN 全部把它還掉比較好﹐這樣你再碌 (即係 ZERO BAL 再碌) 就唔會比利息﹐只要照 DUE DATE 前還就唔會有事。。。

[ 本帖最後由 Littleprince 於 2009-2-18 17:37 編輯 ]