On Mon, Feb 2, 2015 at 7:13 PM, John Clear <[email protected]> wrote: > On Mon, Feb 02, 2015 at 04:15:50PM -0500, [email protected] wrote: > > > > -100 to AMEX for online/phone purchase fraud prevention. > > > > Many years ago, AMEX used to offer (free!) virtual credit card numbers > > called Private Payments. These were good for one-time use, with a > > capped-maximum and 30-day validity. The "card" could be generated > > on-demand after logging into the AMEX site. This was a terrific way to > > handle on-line purchases. Then they dropped the service. > > MBNA (and probably other card issuers) also had on-demand 'card' > numbers, but they dropped that service before being borged by BofA. > > Once online transactions became frequent enough, the issuers likely > had enough data to do fraud analysis without needing to have the > customers hassle with on-demand card numbers to limit their exposure. > > John
BoA and Citi still have on demand numbers. BoA's is called ShopSafe and allows you to set the amount and expiration of your virtual number. Carolyn
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