"Xeno" > wrote in message
...
> On 5/01/2016 8:13 AM, dsi1 wrote:
>> On 1/3/2016 10:01 PM, sf wrote:
>>> On Sun, 3 Jan 2016 16:43:58 -0800 (PST), dsi1 >
>>> wrote:
>>>
>>>> On Sunday, January 3, 2016 at 2:01:06 PM UTC-10, Ed Pawlowski wrote:
>>>>> On 1/3/2016 6:20 PM, Doris Night wrote:
>>>>>
>>>>>>
>>>>>> *In Canada, we don't have to swipe a card and enter a PIN. We just
>>>>>> have to touch a screen with the card. The whole thing takes about 1.5
>>>>>> seconds.
>>>>>>
>>>>>> Doris
>>>>>>
>>>>>
>>>>> Sorry to hear that. That type of card is being eliminated because
>>>>> it is
>>>>> possible to steal the information and clone them. New chip cards take
>>>>> longer but are much more secure.
>>>>
>>>> As of October 1st, 2015, businesses in the US were supposed to
>>>> replace their card readers with new ones that take the chipped cards
>>>> or face bad things happening to them. I got my new reader but haven't
>>>> connected it yet. It seems like a lot of bother to have to swipe and
>>>> insert the cards and input a pin. I've been telling folks that I
>>>> haven't gotten my new reader up a running so a check would be
>>>> perfectly acceptable but I don't think I can keep that up for long.
>>>
>>> I don't need to insert a PIN when I use my chipped card.
>>>
>>
>> I have a debit card so it just uses the PIN. It can be processed like a
>> credit card but my assumption is that funds gets subtracted from my
>> account right away. That's goofy as hell, if you ask me.
>
> There is method in their madness. I have a similar debit card. If I use it
> as a debit card, I pay a fee to my banking institution. If I use it as a
> credit card, I pay no fee and all I need to do differently is select
> credit instead of debit at the POS terminal. Naturally I select credit for
> most instances. Some vendors charge a fee if using a CC, usually a
> percentage of the transaction. In those cases I determine which fee will
> be greater, CC or DC, and use the alternative.
> No matter whether I select CC or DC, the money comes straight out of my
> account. I have set up an overdraft facility on the debit card account, in
> order to avoid penalty fees, and if there are insufficient funds, it acts
> as a CC and I get hit with interest immediately. That has only happened on
> rare occasions as I have a CC that I can use as an alternative if I know
> my funds in the DC account are low.

A few weeks ago when my husband was buying some things, I was looking
around and found the perfect birthday card for a friend. I took it to the
other counter and, having no cash on me, offered my debit card. He told me
that on sales below £5 he had to charge me an extra 50p!! I went to find
my husband and got cash from him! I rarely do carry cash and usually pay
with my card! I am certainly not paying that!




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