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A comment on How I discovered the underground world of credit card network exploitation. Parent comment

Re:How I discovered the underground world of credit card net... by notyourwork on Wednesday August 02, 2023 @01:29PM (#36974017)
I think you misunderstood me. Peace of mind is in not having to worry about fraud being my responsibility to fight or dispute. I can call CC company or through mobile app, flag transaction, get my money back and never spend another minute on the issue.
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Re:How I discovered the underground world of credit card net... by vladms on Thursday August 03, 2023 @02:39AM (#36982184)
Ok, but you have to worry about detecting fraud. Without a PIN/MFA attackers have it much easier time doing fraudulent transactions from the start => more time spent by everybody checking transactions.

And even if you have peace of mind, I wonder who pays for the cost of the fraud. I would imagine the bank will just pass it over to the consumer in some fees. So a system that reduce fraud (even if can't eliminate it completely) is still better in my opinion.

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Re:How I discovered the underground world of credit card net... by notyourwork on Thursday August 03, 2023 @12:39PM (#36988206)
No I don't.
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