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Subject: 
Re: Credit Card Number storage - Good or Bad?
Newsgroups: 
lugnet.market.theory
Date: 
Tue, 6 Jun 2000 06:50:13 GMT
Viewed: 
500 times
  
In lugnet.market.theory, Cary Clark writes:
Do it. I'm perfectly comfortable with services that give me the option
of keeping my credit card number on file. Just make it an option, and
make that you're doing it very well disclosed.

Actually, I find it difficult to believe that any business that accepts
credit cards does not keep a copy of the number for their own records.

Depending on your processor, this actually is a common practice. Brickmania
does not. DYA does not. Those were the first two I thought of.

And, the risk of credit card theft via the Internet is far less than
through ordinary retail usage. Even if the theft does happen, my credit
cards limit my liability to $50 at most, and $0 at best.

But my question is why? It looks like PayPal allow you to accept credit
card charges at no cost. Is there some disadvantage to using PayPal
instead? Is your credit card transaction equally cost-less?

Think international, my friend.

TO the person who said don't do it... Scott should make it a user option to
retain or enter each time. That's the big league way to do it. Offer the user
options that let him tailor his experience to his preferred way of doing
business. That makes the don't person happy and the do person happy too.

++Lar



Message is in Reply To:
  Re: Credit Card Number storage - Good or Bad?
 
Do it. I'm perfectly comfortable with services that give me the option of keeping my credit card number on file. Just make it an option, and make that you're doing it very well disclosed. Actually, I find it difficult to believe that any business (...) (24 years ago, 5-Jun-00, to lugnet.market.theory)

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