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Mele20
Premium Member
join:2001-06-05
Hilo, HI

Mele20 to StuartMW

Premium Member

to StuartMW

Re: Why Card Fraud Grows

said by StuartMW:

said by Snowy:

said by Mele20:

What's a "stored value card"? I've never heard of it.

Any type of prepaid card.

One would've thought that was self-explanatory but apparently not.

I've never had one so why would I be familiar with that phrase? I don't get the point of those kinds of cards.

Juggernaut
Irreverent or irrelevant?
Premium Member
join:2006-09-05
Kelowna, BC

1 edit

Juggernaut

Premium Member

Think on-line purchases to limit liability amounts, or credit-challenged folks. Or, Pay Pal and the like.

*edited to add.

Snowy
Lock him up!!!
Premium Member
join:2003-04-05
Kailua, HI

Snowy to Mele20

Premium Member

to Mele20
said by Mele20:

I don't get the point of those kinds of cards.

There are many advantages/disadvantages to using a prepaid card.
The reasons I routinely them are:
1. Online purchases.
I don't use CC's/debit card for online purchases as a mater of security.
2. To disassociate myself from certain purchases either online or bricknmortar.
The only disadvantage is the ~$5 premium to purchase the card,
I'll mitigate that by buying high value cards to reduce the cost as a percentage of the dollar amount.

Name Game
Premium Member
join:2002-07-07
Grand Rapids, MI

1 edit

Name Game

Premium Member

said by Snowy:

said by Mele20:

I don't get the point of those kinds of cards.

There are many advantages/disadvantages to using a prepaid card.
The reasons I routinely them are:
1. Online purchases.
I don't use CC's/debit card for online purchases as a mater of security.
2. To disassociate myself from certain purchases either online or bricknmortar.
The only disadvantage is the ~$5 premium to purchase the card,
I'll mitigate that by buying high value cards to reduce the cost as a percentage of the dollar amount.

And being a smart shopper..more mitigation with great deals.
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Mele20
Premium Member
join:2001-06-05
Hilo, HI

Mele20

Premium Member

said by Name Game:

said by Snowy:

said by Mele20:

I don't get the point of those kinds of cards.

There are many advantages/disadvantages to using a prepaid card.
The reasons I routinely them are:
1. Online purchases.
I don't use CC's/debit card for online purchases as a mater of security.
2. To disassociate myself from certain purchases either online or bricknmortar.
The only disadvantage is the ~$5 premium to purchase the card,
I'll mitigate that by buying high value cards to reduce the cost as a percentage of the dollar amount.

And being a smart shopper..more mitigation with great deals.

Are you agreeing or disagreeing with Snowy See Profile? Are you saying there are "great deals" on prepaid cards? I don't quite get your comment.

Name Game
Premium Member
join:2002-07-07
Grand Rapids, MI

Name Game

Premium Member

Because it was not for you..nevertheless..has to do with great deals one can find..same product lower prices and a reason to shop online..also since you do prepay them..I think people tend to be more cautious when to use them for a purchase at bricknmortar.