PDA

View Full Version : Credit Card - Last 3 numbers



Zimon
06-04-2005, 09:24 AM
I am told never to reveal the unique last three numbers that appeared on my credit card or risk someone using it on the internet or other transactions.

The three numbers are printed on the back of the credit and anyone, including the petrol station attendant, waiter of restaurants or cashier at department stores would surely be able to have a glance and remember the three numbers easily. Then with my copy of the signed credit card receipt detailing my name, card number and expiry date, these people handling the cards can do havoc to my financial life if their intentions is not in my best interest.

My question is, why print the unique number for all to see ? then tell us not to reveal it to any Tom, Dick and Harry ! :confused:

Anyone able to throw some light on this, please ?

gnehkgnep
06-04-2005, 09:45 AM
This is real scary........ :eek: ........that's why Malaysia has one of the highest credit card frauds........better to stop using credit card :(

LMei
06-04-2005, 09:47 AM
I think the last 3 digits is some form of security for the bank and for a transaction to be made. As a 'part-time' cashier in my family's restaurant... each time we swipe a credit card we also have to key in the last 3 digit into the machine. So that is unavoidable. We have to look at it to key in. However I notice with the new chip card these days, that is not necessary.

flaminJ
06-04-2005, 12:13 PM
sometimes... these numbers are of no use if people don't take a look at your signature at all! The website below says just that... It shows how some people just don't care who buys it as long as there is a sale done.... True sometimes but this is really awesome!!! Take a look here... :) (http://www.zug.com/pranks/credit_card/)

ceo684
06-04-2005, 11:57 PM
I think the last 3 digits is some form of security for the bank and for a transaction to be made. As a 'part-time' cashier in my family's restaurant... each time we swipe a credit card we also have to key in the last 3 digit into the machine. So that is unavoidable. We have to look at it to key in. However I notice with the new chip card these days, that is not necessary.

But even with the chip card also must sign right?
(I use the agung-face card, pardon me) :D

ooice
07-04-2005, 06:45 PM
This is actually requirement from Visa/MasterCard to:
1) Prove that the physical card is present
2) further check that the card is genuine coz some fake card does not has this number imprinted at the back.

Anyway the most important checking is thru the chip on the card. So far is still not possible to be skimmed and duplicated.

sfliew
07-04-2005, 07:07 PM
My chiped card just kena cloned, it could be an insider job within the bank!

ooice
08-04-2005, 01:00 PM
If chip card got cloned, it should be only the magnetic stripe data that was skimmed and wrote to clone card.

This clone card will not be used on terminal that only accept chip cards (e.g. petrol station).

CCY
08-04-2005, 01:37 PM
If chip card got cloned, it should be only the magnetic stripe data that was skimmed and wrote to clone card..


Do not be too sure about that . Remember semuanya pun boleh lar....

gnehkgnep
08-04-2005, 02:17 PM
Internet transaction using credit card just open up a new lot of possibilities............I remember myself booking AirAsia ticket thru their website..........and wonder whether if any particular person who got my card details able to do so........wah lau eh..........RM20,000 X 5 gone from me liao and me gotten into bad bad debts............. :eek: :eek:

Zimon
08-04-2005, 02:30 PM
I think Southern bank has a Virtual Mastercard designed for internet transaction that has a maximum level you can set, meaning if you set it at Rm500.00 - and if anyone pirate it , copied it or cloned it, then you maximun exposure or damage is your set limit.
Has anyone got this card and used it.??? Problems??
My son is pestering me to get one, but i have phobias about it. :eek:

gnehkgnep
08-04-2005, 03:01 PM
If u r using Platinum Card......ehem...........u just go bankrupt lar.....opocot :eek:

LMei
08-04-2005, 04:17 PM
I think Southern bank has a Virtual Mastercard designed for internet transaction that has a maximum level you can set, meaning if you set it at Rm500.00 - and if anyone pirate it , copied it or cloned it, then you maximun exposure or damage is your set limit.
Has anyone got this card and used it.??? Problems??
My son is pestering me to get one, but i have phobias about it. :eek:
I think my ex-boss is using Southern bank card. And yeah I think there's a limt. I remember when we were going for company trip, he couldn't pay with his credit card to book Air Asia online cos of the limit. But he could do it over the counter. ;)

kensu
08-04-2005, 06:11 PM
Initially the last 3 digits is used when the card is not swiped at the terminal, and the 3 digits are used to verify that the transaction is genuine with the owner having the card and able to provide the last 3 digits
Obviously in internet transactions, this is to do the same....

Possible to clone Chip Card ??? That's news
:)