View Full Version : OT: Mastercard/Paypal cyber attack warning.

12-08-2010, 09:43 AM
Just a quick warning to forum members who use either of these services.

Cyber Attack (http://www.bbc.co.uk/news/technology-11935539)

12-08-2010, 04:05 PM
Who doesn't use Visa or MasterCard? I mean, aside from maybe the Amish. I remember the days of cold, hard cash. Although plastic is convenient, I am nowhere near comfortable that it is safe, nor that we are saving any money in spite of its convenience. Say what you will about traveller's cheques, my Dad always used them when we travelled and felt safe should he lose them or have them stolen. Just because we don't pay up front for using plastic, don't think we're not being dinged for it. We are, through higher merchant pricing to pay for the service fee to the credit card companies, and usurious interest rates to accomodate bank greed and recouping of fraud.

12-08-2010, 08:23 PM
When I went on my "Euro Tour" in 2007 (some forum members will remeber - there is a thread somewhere http://forums.ubi.com/groupee_common/emoticons/icon_confused.gif), two things made my life easier:

Master card and euro.

When I was in Scandinavia I had real trouble with all different Kronas. Danish, Swedish and Norvegian. When I came to Finnland (Euro zone) I felt allmost at home. http://forums.ubi.com/groupee_common/emoticons/icon_smile.gif

12-08-2010, 10:46 PM
The problem with travelers' checks is that you are betting on the seller recognizing your signature who is betting the cost of the item that you are who you say you are. Too many bets. I, for one, have not been able to "standardize" my signature to the extent of copying it multiple times to perfection. The problem is that it's totally on the seller to accept or not accept your signature, and once it's signed the damn thing is no good, and you've just lost the amount of the check. I can't tell you how many dollars I lost to this, and finally gave up on the things. Might as well have burned the cash for all the good it did me. Never again.

By the way, how else does one make an internet based purchase? Send a check to a brick and mortar address?

Good info, thanks for posting.

12-09-2010, 02:28 AM
Originally posted by Kaleun1961:
Who doesn't use Visa or MasterCard? I mean, aside from maybe the Amish. I remember the days of cold, hard cash.

*Quietly raises his hand and looks cautiously around*

I dont have any credit cards. Never had one , do not plan on getting me one.

I dont even know anybody who got one. Wait... a friend of mine uses one but its not his own but belongs to his company. He needs it for business travel.