1. The company should sms u whenever there is any transaction 2. The particulars of any trans. above a particular amount to be decided mutually by credit card co. and the customer should be mailed immediately. Else it will be difficultfor the co. to keep track.
RE:credit card fraud
by Smart Fool on Feb 01, 2007 12:56 PM Permalink
I agree with you. Any transaction which is more than some amount should be mutually decided by the bank and the customer. Customers must reply to the sms sent from the bank.
RE:RE:credit card fraud
by manthan mhatre on Feb 01, 2007 02:27 PM Permalink
Yes this can be done easily, sending sms to CC user. It already happens in case of Debit card swipes in ceratin banks then why not in CC.