I know it’s weird but I know many people who will refuse to put their credit card information on websites like ebay or even amazon claiming that they will charge them extra money or steal their information
so i want to ask why can’t people from these huge companies do that?
In: Technology
You can read up on PCI compliance. On most sites you are entering your card information in fields that are directly tied to the merchant processor. The seller doesn’t have access to your card data. When you submit the order the card information is sent, encrypted, to the processor who sends a message back to the seller that the payment is approved and they can fulfill the order. In the case that you had to speak to someone and they type your number in its very similar but to avoid even having to do that the seller pays a much higher processing fee for the transaction. As mentioned, there are some very big penalties for missing card date including being banned from accepting any cards at all.
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