incrediBILL - 12:22 am on Jun 24, 2012 (gmt 0)
've had friends get burned in a couple of relatively low-tech ways:
Yup. I normally pay cash in strange restaurants, especially where the waiter takes the card away behind the scenes. Sure enough, the only time I broke that cardinal rule a few years back was in a place in Nevada. My 'card' was being used days later in Indiana and the bank closed the account immediately. At least they figured out I couldn't be in 2 places at the same time.
It's also another reason I carry multiple cards, some with low limits just to avoid being ripped off for major amounts. The cards I used for business could easily charge a new car without question and you don't want to hand those off at a restaurant. ;)
Sad thing is requiring a simple PIN # or a cell phone SMS confirmation to complete the transaction would pretty much end all of this nonsense, fraud be gone.