|
I just got informed by my wife that you can protect yourself from this type of fraud. Apparently you can ask your credit card issuer to flag your card for any irregular transactions,or spending big dollars in places that are not usally frequented by the card holders or not normal spending patterns or an unsally big ticket item is purchased they decline the transaction and have you contact the issuer to verify authenticity .
Apparently it happened to Wanda whilst giving the card a workout buying baby gear clothes prams cots etc etc. As this was not her usall spending pattern they declined her credit.It caused her some embarrasement but mostly thought someone had gained access to her credit card.
phoned the bank they established she was the rightful owner of card and explained that because the spending was erractic and not her normal usage they stopped all transaction as a safety measure.Caused a bit of inconvenience but at least gave her peace of mind should the card be be used fraudulently.
hope this helps someone
Cheers
Manny
|