Ascinct opened this issue on Jan 14, 2005 ยท 15 posts
XENOPHONZ posted Sat, 15 January 2005 at 12:17 PM
Keep in mind that a lot of internet security types strongly recommend against using a debit card for online purchases.
The reason being that a debit card number provides direct access to your bank account. If some hacker steals your debit card number, you might find your bank account empty. Whereas with a true credit card, you don't run the risk of losing your figurative shirt.
Fraudulent charges to a credit card can usually be (more or less) easily dealt with.
Unfortunately, fraudulent charges to a debit card can end up being a real disaster. You should check your bank's policies on the issue of debit card fraud (what your personal liability would be in such a case) -- as well as Australia's laws on the matter -- before handing out the key to your personal bank account over the internet.
Message edited on: 01/15/2005 12:18