Friday, July 15, 2011

Helpful advice from SONY to protect your ID

Quoting the SONY AllClearID program:
"So if the signatures [on credit/debit cards] aren't protecting your identity, what are they for? It turns out that the presence of a signature affects who's liable if there is a fraudulent purchase. If a receipt is signed, the bank must reimburse the cardholder for fraudulent purchases. Otherwise, the store is held responsible. Therefore, stores must weigh the cost of possibly reimbursing fraudulent purchases against the cost of increasing time per transaction and paperwork. This is why, for example, fast food restaurants that process transactions quickly and sell cheap products often choose not to require signatures (source).

What does this mean for you, the consumer? According to federal law, maximum consumer liability in the case of a fraudulent purchase is $50 per transaction. Use the following tips to avoid and catch credit card scams:
• Set up email or text message alerts for transactions over a certain amount
• Save all credit card receipts until the end of your statement period to ensure the charge amount is correct
• Never leave tip or total fields blank: include dollar signs and decimals to ensure your barista or waitress doesn't give themselves a generous tip." [end quote]

• from the SONY allClear ID protection sent to me; 15-July-2011;7:16am
I am adding this here as a way of helping everyone protect their name and bank cards.
Gloria Poole; @my apt in Missouri;7:45am;15-July-2011

Merry #Christmas to you #World from me #Gloria

I drew and painted, and signed and photographed and uploaded this as a Christmas image to wish all a very Merry Christmas celebration of The...