Re:Knuth is no longer mailing out checks for $2.56
by KirinDave on Thursday October 30, 2008 @11:36AM
(#348760)
Yeah. Crazy as it sounds, it's actually safer now to use a credit card than a check.
Re:Knuth is no longer mailing out checks for $2.56
by aneesh on Thursday October 30, 2008 @01:28PM
(#348876)
That's not crazy. It has always been very safe to use a credit card, because if some fraudster uses your credit card to pay for something, you're not liable. With cash, checks or a debit card, your money is already gone. With a credit card, the credit card company's money is on the line, not yours.
Re:Knuth is no longer mailing out checks for $2.56
by LogicHoleFlaw on Thursday October 30, 2008 @12:09PM
(#348792)
I will second this. I write software that accepts both credit cards and EFT (Electronic fund transfer) transactions. Credit cards are much harder to spoof than EFT account data. A voided check has all of the data you need to initiate an EFT transaction.
Come to think of it, this also describes my approach to algorithms. ;) Darn you, Knuth! I used to be contented with bubble sort!