> The big problem with credit cards is that all the info needed to authorize a transaction is right there on the card. The second problem is that quite often you submit that data directly to the merchant or to whichever payment provider the merchant chose.
Same with my (UK) DD card, when I use it online. I occasionally get challenged by Visa/Mastercard for some passphrase or whatever. For retail purchases, I can usually just swipe. Periodically I'm asked for a PIN.
I prefer DD over CC, because I have full control over my liabilities, should someone try to drain my account, just by adjusting the balance on the account (and I can't link my deposit account with the card; so that's where the rich pickings are kept).
Also, way back when, I was pretty relaxed about credit balances, and the CC company kept raising my limits; I got into a lot of debt. Nowadays I don't use credit unless I'm forced to (which hasn't happened for 20 years). So I have a CC, with a zero balance (and the CC company is going to shut it down, because I'm not using it).
Same with my (UK) DD card, when I use it online. I occasionally get challenged by Visa/Mastercard for some passphrase or whatever. For retail purchases, I can usually just swipe. Periodically I'm asked for a PIN.
I prefer DD over CC, because I have full control over my liabilities, should someone try to drain my account, just by adjusting the balance on the account (and I can't link my deposit account with the card; so that's where the rich pickings are kept).
Also, way back when, I was pretty relaxed about credit balances, and the CC company kept raising my limits; I got into a lot of debt. Nowadays I don't use credit unless I'm forced to (which hasn't happened for 20 years). So I have a CC, with a zero balance (and the CC company is going to shut it down, because I'm not using it).