Some banks like Citibank do this as well.
Privacy – Forget Your Credit Card
151–160 of 367 posts
Re: Privacy – Forget Your Credit Card
#152My bank also provide this type of virtual credit card, but it is useless. It doesn't work, i tried in paypal.
Re: Privacy – Forget Your Credit Card
#153I've been curious as to why the following strategy wouldn't work as a hack as well: * Your credit card has a balance of $0 on it * You have some app that allows $NAME to deduct $X from it * You transfer $X to it earmarked for $NAME for some limited amount of time. I.e. you could walk into Starbucks, have an app on your phone to say you're depositing $20 into an account earmarked for /starbucks/i for 30 minutes.
One issue would be that the merchant name doesn't always line up nicely to where you are. For example, a local Burger King shows up as something like, "Hidden Rocks, LLC" instead of "Burger King" or even "HiddenRocksLLC/BurgerKing."
Re: Privacy – Forget Your Credit Card
#154I use netteller, that does something similar, called virtual cards. Can create multiple cards and assign funds to each virtual card. Its not as smoothly done as this one, but same thing.
Re: Privacy – Forget Your Credit Card
#155I accept that disabling JavaScript is generally a losing battle, but it specifically irks me when the website of a privacy-centric service is just completely blank if you don't have JavaScript enabled. Of all 30 people out there browsing without JavaScript, it seems like they have an elevated chance of all wanting to learn about this service, and I find myself moderately discouraged from trying it by this issue.
You're right. We should've done a better job with this. It was a trade-off and we decided against, but we should done a better job communicating it. Hopefully you can enable Javascript for us and give it a shot :).
Re: Privacy – Forget Your Credit Card
#156Both citi and bankofamerica (and I believe so, but didn't personally use, Wells Fargo) offered this service for free on their CC accounts in mid to late 2000s. You could set limits per number, have it lock to just single merchant, etc. pretty nifty when paying some wacky merchant online. All have since shuttered the service because pretty much every CC comes with purchase protection that you can invoke to charge the…
In the past year I've had to replace cards 3 or 4 times. Each time I am out of using that card for a week or two. Last time, they failed to send me the card, and made me wait the full 10 business days before I could even request it again.
Re: Privacy – Forget Your Credit Card
#157Hey HN - Privacy.com co-founder here. I'm really excited to share what we've been working on for the past year and a half or so. We've been neck-deep in payments stuff on the card issuing side (getting a BIN sponsor, ACH origination, etc), so happy to answer any questions on that front as well. P.S. For new users, your first $5 donation to watsi.org is on us :)
How do your Privacy virtual cards affect your credit? Not at all?
Re: Privacy – Forget Your Credit Card
#158At first I was really really excited. This is something I've wanted for months if not years.
Then they asked for my bank username and password.
Re: Privacy – Forget Your Credit Card
#159"Never forget the cancel one of those pesky 30 day free trials." This is very misleading to say the least. Not paying for a service doesn't cancel a service. If they tried to bill your card and the card was rejected that doesn't mean the service is cancelled.
The point is they can't charge you again. I'm struggling to see what you are getting at here.
Depending on the service, they may send collections after you, and you may be legally obligated to pay. Gyms do this.
Re: Privacy – Forget Your Credit Card
#160Hey HN - Privacy.com co-founder here. I'm really excited to share what we've been working on for the past year and a half or so. We've been neck-deep in payments stuff on the card issuing side (getting a BIN sponsor, ACH origination, etc), so happy to answer any questions on that front as well. P.S. For new users, your first $5 donation to watsi.org is on us :)
Do you plan integration with mint.com?