Single Use Credit Card Numbers
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Staten Island, NY Posted: 6/13/2015 1:00:00 AM
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Let's face it, we all love to hunt for bargains online, but it's hard to tell which sites you can trust enough to give your credit card number to. Not only do you risk paying for something that never arrives, but there's a good chance the site itself could be a complete hoax designed to steal credit card numbers.
One easy solution would be to have Single Use Credit Card Numbers. The concept is simple. Rather than read the numbers off your own card, the card company can issue a single use card number on their web site, or through an App. When you need to make a purchase, instead of entering your regular account number, you can just pop in the Single Use Card Number and a even the approximate amount of the transaction. If the site attempts to charge more than your preset amount, or tries to use it a second time, the card is declined.
Even if the site is honest, this protects you in the event their site is hacked and your card number is stolen, because the number can only be used once.
Joe Crescenzi, Founder
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