11-27-2022, 02:38 PM
There are a few different systems, but this seems like one of the oldest and with least friction to online purchase. You provide the card number and a secret number and the other side can just get the money, because they know the secret number. Should be the same for credit/debit/ card.
In that use case, I do not know how many times they can charge me in error or if the data can be stolen and used without my consent.
For example PayPal, Amazon, AliExpress, Microsoft and other big names are some of the other companies which require and use this information, but they're really big and any security mishap has a greater chance to be reported.
Well, things are probably working fine, but I refuse to give away such information to small regional players.
In that use case, I do not know how many times they can charge me in error or if the data can be stolen and used without my consent.
For example PayPal, Amazon, AliExpress, Microsoft and other big names are some of the other companies which require and use this information, but they're really big and any security mishap has a greater chance to be reported.
Well, things are probably working fine, but I refuse to give away such information to small regional players.