
Originally Posted by
Robert00000
Interesting info about cardnet, will find out more. You're pretty knowledgeable for a retard. But being also an accountant you're expected to know.
If you manage your finances well it is easy to spot fraud. My accountant is very thorough with my business expenses, and i use cash to make daily purchases, usually only relying on the cards to withdraw money from the cashpoint.
For businesses expenditures i always keep receipts and write down the details at the end of the day.
Anyone who runs a business will know how impotant it is to keep good records of expenditure.
CPP, who I'm with, sound alot like cardnet. They do the same thing anyway, thankfully I've never had to call on their services.
My story was that I hadn't realised that someone had skimmed my card (I think it was in a local petrol station, but I can't be sure), until my statement came at the end of the month, and a load of transactions had taken place in Essex, some 150 miles away. The card company could also tell that a physical card had been presented at the time of the transaction, that's how they knew that the card had been skimmed, rather than just the details copied. (I don't know if this is still as much of a problem now that chip-n-pin has come in?

)
Luckily, the card company could tell that I hadn't made the purchases, because "it was outside my normal pattern of spending" (

), so they reimbursed me.
This means that the card company takes the hit for the fraud, something that sooner or later they are going to get pretty pissed off with, especially at the levels of fraud and identity theft that are going on at the moment.
It's in all of our best interests to help them out, which means that if you have any concerns that your security details have been compromised, you have a duty to report it, so they can cancel the cards and issue you with new ones.
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