News for hackers. Stuff that matters.

A comment on Cash payments above €3000 to be outlawed in Netherlands. Parent comment

Re:Cash payments above €3000 to be outlawed in Netherlands by systems_glitch on Wednesday August 23, 2023 @03:55PM (#37241277)
Considering that the last time one of my CC numbers was stolen, it was used to pay for air conditioning service, I'm sure that is also a concern for tradespeople!
[ Parent | on HN ]
Re:Cash payments above €3000 to be outlawed in Netherlands by nottorp on Wednesday August 23, 2023 @04:26PM (#37241521)
No pin? No 3d secure?
[ Parent | on HN ]
Re:Cash payments above €3000 to be outlawed in Netherlands by allset_ on Wednesday August 23, 2023 @07:53PM (#37243443)
In the US? Nope.
[ Parent | on HN ]
Re:Cash payments above €3000 to be outlawed in Netherlands by systems_glitch on Wednesday August 23, 2023 @09:37PM (#37244095)
Really really, it's like that here. I guess it's somehow cheaper to write off fraud than updating everything? Probably some actuary sweating the day the scale tips the other direction.

It's incredible how lax the rules are for how verified the CC information needs to be for a transaction to clear. There was a HN article about it not that long ago, w.r.t. dealing with Stripe or one of the other big processors. Stuff like the CVV can be wrong, the issued name can vary by some heuristic, etc.

[ Parent | on HN ]