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A comment on CurrentC: The Big Retailers’ Clunky Attempt to Kill Apple Pay and Credit Card Fees. Parent comment

Re:CurrentC: The Big Retailers’ Clunky Attempt to Kill Apple... by gst on Monday October 27, 2014 @01:51AM (#8514068)
1) Your bank account number is relatively public anyway - afterall it's printed on all of your checks.

2) It's relatively easy to reverse an ACH debit. Which protections would I have to give up?

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Re:CurrentC: The Big Retailers’ Clunky Attempt to Kill Apple... by nicwolff on Monday October 27, 2014 @03:04PM (#8517436)
It's not hard to reverse an ACH debit if you notice it within two months. After that, it's impossible. (And business accounts only get two days.) Also, the credit card companies are actively trying to prevent fraud and will notify you of unusual transactions; with ACH, there's no-one looking out for you but yourself.
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Re:CurrentC: The Big Retailers’ Clunky Attempt to Kill Apple... by hayksaakian on Monday October 27, 2014 @02:08AM (#8514125)
it is nontrivial to reverse debit fraud compared to a chargeback on a credit card.
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