The Mudcat Café TM
Thread #128089 Message #2864249
Posted By: CarolC
14-Mar-10 - 11:45 PM
Thread Name: BS: Anyone else refuse to get a bank card?
Subject: RE: BS: Anyone else refuse to get a bank card?
"Unlike credit-card thieves, who usually charge merchandise and then resell it to come up with money, people who create counterfeit ATM or debit cards by stealing your PIN and other account data can simply pull cold cash from your bank account. Using a technique known as skimming, they set up equipment that captures magnetic stripe and keypad information when you input your PIN at ATM machines, gas pumps, restaurants, or retailers."