I signed up 2/28/15. That day there were 40090 people ahead of me Jimmy. Now there are 40091 people ahead of me. So not only has one single person managed to cut in front of me, but the line hasnt moved since prior to February 2015.
That rant/inquiry aside, http://privacy.com/ gave me an account and I have been very happy with it. Seems like a good product.
Want to move up faster?
Share Final with your friends on social media through one of the links below and jump the line when they sign up.sounds to me like the signup was fake and only people who share get invited in.
https://www.bankofamerica.com/privacy/accounts-cards/shopsaf...
Having the ability to give them a completely different card # with a monthly limit for just them really provides an additional layer of protection without the threat of losing access to goods you legally acquired.
That would be the CC company's job, not? IIRC, at least in US law, if you dispute a charge they can't make you pay for it and they can't also add interest to it. And in practice, no signature dispute is almost always decided for the consumer. That's why merchants are so drastic with compromised accounts - otherwise people would just buy stuff, use it and then claim fraud, and merchants would lose tons of money. They have to create disincentive to cheat.
Chargebacks are the big problem for companies that operate like this.
I had this idea myself, I Googled it and found nothing. Visa has 3D Secure (which is really just a text-delivered OTP), but implementing the standard is completely optional. I've only come across it on a handful of websites.
Pity it's US only for now.
You generate a fake card number, this number is linked with an expiration date AND a maximal amount that can be charged.
AFAIK it's not possible to create a card with a monthly chargeable maximum amount, only to set the total amount for the card's lifetime, which limits the interest of the use for recurring payments.
Re folks saying it's been done before, it makes me think of the William Gibson quote "The future's already here, it's just not evenly distributed."
Even if it has been done before (I have no idea) -- if something makes a new tech available to many more people, it's effectively new to them.
In terms of using the card, my wife and I have found it useful. It feels empowering to give the card to a service/person and know you remain in control. Yes, all cards let you do chargebacks, or recover from fraudulent charges, but I don't want to have to fight to recover my money.
I love the feeling of using a number and knowing no other charges can come - that number can never be used again.
This card is empowering.