LogFAQs > #939774108

teddy241 posted...

i dont like debit cos they can drain your actual funds.

credit cards give you a chance to deflect/deny the charge

this tells me the US does debit cards wrong.

with European debit cards payment is only possible through the card holder's action.
I could take a photo of both sides of my debit card and share it here, and you wouldn't be able to do anything with it.
only with the addition of contactless payments has security dropped to the point that you can "steal" money with just the card, but only up to 50 with 25 per transaction as you need the pin above those limits.(temporarily doubled to discourage physical contact with payment terminals)

payment in stores is secure because you have to confirm your payment by inserting your card in a terminal and confirm with a pin, the terminal shows you the exact amount you'll be paying and information is not stored but sent straight to the bank.
without both the actual card and the pin payment is impossible, and the pin is not written on the card.

payment online is secure because you're not paying through the online store, the store redirects you to your bank's website or app with a payment request and you confirm the payment through the bank's login security features.
the store never gets to see your card number or any security codes, they only get to see the money being deposited in their account.
countries that don't use that system use direct bank transfers instead, which just takes away some of the convenient automation.

the only security on a credit card is remedial, not preventive.
there's nothing preventing someone who has seen your CC number and CVC(which you freely give away whenever you pay online) from using them for online payments without your permission.
the only security is that you can dispute the payments and that credit card companies are very lenient with this.