Are 'Pull' Credit Card Transactions Making You Overly Vulnerable?
What happens, behind the scenes, when you swipe your credit or debit card? And the bigger question: can you trust all the parties involved? When you swipe your credit card at a retailer, potentially hundreds, if not thousands, of people could be involved in that transaction. How is that possible? Isn't money moving directly from your account to the merchant's account? Identity + Access = Vulnerability. Not only is the answer to that question a resounding NO, most would be mildly uneasy to discover the number of people who get access to both identifying information and bank accounts....
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