Tag: credit card

Credit card risk – Dos and Don’ts on Phones: 5 critical points to note if you don’t want to lose money
27Jan By adminNo Comments
Technology

Credit card risk – Dos and Don’ts on Phones: 5 critical points to note if you don’t want to lose money

[ad_1] (The Conversation) Credit card risk - Must Dos and Don'ts: Paying for things digitally is so common, most of us think nothing of swiping or tapping our credit card, or using mobile payments. While doing so is second nature, we may be more reluctant to provide card details over the phone. Merchants are allowed to ask us for credit card details over the phone – this is perfectly legal. But there are minimum standards they must comply with and safeguards to protect consumer data. So is giving your credit card details over the phone any more risky than other transactions and how can you minimise the risks? 1. How is my credit card data protected?For a merchant to process card transactions, they are expected to comply with the Payment Card Industry Data Security Standard. This is a s...
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Amazon Shoppers Forgo Big-Ticket Items as Prime Sale Gets Going
11Oct By adminNo Comments
Technology

Amazon Shoppers Forgo Big-Ticket Items as Prime Sale Gets Going

[ad_1] Amazon.com Inc.'s fall sale for Prime subscribers kicked off Tuesday with price-conscious shoppers mostly snapping up deals on low-cost kitchen gadgets and apparel rather than splurging on big-ticket items.Customers spent an average of $38 during the event's first eight hours, up 2% from the same period last year, according to Attain, a research firm that harvests data from credit card transactions. While shoppers are skimping on their purchases now, Amazon is monitoring customers' browsing activity so it can offer them customized deals later in the season when they're prepared to spend more, said Brian Mandelbaum, chief executive officer of Chicago-based Attain. Other retailers looking to draft off Amazon's sale are doing much the same. “This is a master class of how to have for...
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Amazon Develops Version of Cashierless Tech for Clothing Stores
20Sep By adminNo Comments
Technology

Amazon Develops Version of Cashierless Tech for Clothing Stores

[ad_1] Amazon.com Inc. has developed a new version of its cashierless shopping technology for clothing retailers — in an effort to expand the system beyond convenience and grocery stores. The retail and cloud-computing giant on Tuesday said the latest iteration of its Just Walk Out technology uses radio frequency identification, or RFID, tags to keep track of apparel. Previously, Amazon's system has relied on ceiling-mounted cameras and shelf sensors to determine who grabs what. The technology automatically charges a swiped credit card upon exiting the store. But the system can struggle to distinguish goods that are similar in weight and appearance. Enter RFID tags, which are affixed to individual items and monitored by fixed readers inside the store. The technology has been around fo...
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Ami Gan, CEO of adult content platform OnlyFans, quits; Keily Blair to take over
19Jul By adminNo Comments
Technology

Ami Gan, CEO of adult content platform OnlyFans, quits; Keily Blair to take over

[ad_1] OnlyFans Chief executive officer Ami Gan has stepped down from her position after almost 3 years of being part of the organization. Now, Keily Blair, Chief strategy and operations officer of OnlyFans will take over the CEO position.Gan tweeted “Spending nearly 3 years at OnlyFans while it echoed throughout the cultural zeitgeist, has been beyond rewarding”. TechCrunch reports, the increasing difficulty for online adult content creators to sustain their livelihoods due to shifting credit card company policies and global legislation had come in as a challenge for OnlyFans. During Gan's starting month, OnlyFans announced that it would ban sexual content, and the community of creators had reacted strongly to the decision. Even though it was eventually reversed, but the fear of facing...
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A second life for EV batteries? Depends how long the first is
26Jun By adminNo Comments
Technology

A second life for EV batteries? Depends how long the first is

[ad_1] Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for battery packs and cell materials, and the appetite for affordable cars cast doubt on this part of the circular economy.An array of startups offers second-life energy storage using old EV batteries. But creating the viable industry envisioned by carmakers such as Nissan would mean fighting off competition from recyclers, refurbishers and the needs of drivers squeezed by the cost-of-living crisis. "The assumption that EV batteries are only going to last eight-to-10 years and then owners will swap them out is just not true," Hans Eric Melin, founder of consultancy Circular Energy Storage (CES), which tracks battery volumes and prices, said. "It's going to be tricky...
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Samsung Galaxy F23 gets a massive price cut; check all details now
7Jun By adminNo Comments
Technology

Samsung Galaxy F23 gets a massive price cut; check all details now

[ad_1] A massive discount has been announced on the Samsung Galaxy F23 5G, making it more affordable for consumers. Now, Galaxy F23 offers impressive features and 5G connectivity at a much more accessible price point. Let's dive into the details of this exciting deal and explore what the Galaxy F23 5G has to offer.First, let's explore the features of the Samsung Galaxy F23 5G. It has a 6.6-inch full HD+ display and is powered by the Snapdragon 750G processor. The phone boasts a triple rear camera setup with a 50+8+2 megapixel camera, offering features like improved night photography and multi-frame video processing. Additionally, the Samsung Galaxy F23 5G is supported by a 5000 mAh battery. Samsung Galaxy F23 5G DiscountFlipkart has reduced the price of the Samsung Galaxy F23 5G by a ma...
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Liz Weston: Make your credit cards less vulnerable to fraud
21Feb By adminNo Comments
Technology

Liz Weston: Make your credit cards less vulnerable to fraud

[ad_1] Last year, one of my family's credit cards was used to rack up hundreds of dollars in bogus charges at Apple.com. Another card was compromised four times in a row, as thieves repeatedly charged merchandise and Uber rides. We ultimately got our money back, but repeated credit card fraud can be frustrating and disheartening. Dealing with the aftermath taught me to prize security over convenience, and to change some bad habits that made me an easier target. THE CLOCK IS TICKING ON CREDIT CARD FRAUD Under the Fair Credit Billing Act , consumers have 60 days after bogus charges show up on a statement to report them to the credit card issuer to avoid most liability, says attorney Amy Loftsgordon, legal editor at Nolo, a self-help legal site. (The law limits a consumer's liabili...
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Beware of PoS malware! It can secretly steal your credit card details
26Oct By adminNo Comments
Technology

Beware of PoS malware! It can secretly steal your credit card details

[ad_1] Two point-of-sale (PoS) malware were operationalised recently by hackers who stole over 167000 credit card details. You too could be under threat. New malware has reportedly been operationalised by hackers and it is stealing victims' credit card data. Dubbed as PoS (two point-of-sale) malware, it has already stolen information related to over 167000 credit cards from multiple payment platforms. As reported by thehackernews.com, Singapore-headquartered cybersecurity company Group-IB has shared that the stolen data dumps could profit the hackers by as much as $3.34 million when sold on underground forums. The malware is reportedly aimed at gathering payment data relying on JavaScript sniffers (aka web skimmers) to steal card text data like bank card numbers, expiration dates, ...
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Alert! RBI card tokenisation rule starts Oct 1; know how to do it on your debit, credit card
30Sep By adminNo Comments
Technology

Alert! RBI card tokenisation rule starts Oct 1; know how to do it on your debit, credit card

[ad_1] The RBI debit and credit card tokenisation rule will come into effect stating tomorrow, October 1. Here are the details you need to know. Your online transactions, like making payments for shopping, will be changing from tomorrow, October 1, 2022. While making online payments, you must have noticed that your debit card and credit card details get saved by many organisations. They retain card details like card number, expiration date, and more. Though saving these details makes your payment making process easier, it also raises the risk of card information being misused or stolen. In order to curb online fraud, the Reserve Bank of India (RBI) has asked all merchants and payment gateways to remove customer details of deb...
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