Not a problem. Federal Regulation E protects you from a loss of more than $50 (bank usually forgives even that), if your credit card is stolen (and to an extent, if your Debit card is stolen). What you don’t want to lose is your debit card, along with your PIN. Then your bank account could be cleared out, and the bank will give you a really tough time to get your $$ back. The PIN is not on the magnetic stripe, so they will assume you gave it to the perp.
Eventually all credit cards will have smart chips and/or RFI technology, and the banks (under Reg E) will cover losses, or no one would use their cards…. not a good thing for the banks and processors.
Charles Rutenberg Realty
1 Beach Drive SE, Unit 2705
St. Petersburg, FL 33701
You need to watch this
Nigel Watson freethinker 727.493.1990 skype orbizen2
Blog: ORBizen Memo http://orbizenmemo.blogspot.com/
"There is no greater disaster than greed." – Lao-tzu
"It is no measure of health to be well adjusted to a profoundly sick society.” - Krishnamurti