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Privacy.com Reissuing All Cards

support.privacy.com

61–70 of 171 posts

Re: Privacy.com Reissuing All Cards

#61
post #53

Hi all - I’m one of the founders at Privacy. I’d like to provide more context on why we’re asking customers to reissue cards. In an attempt to stay current with changes in card network and bank requirements, we spent the better part of this year investigating product adjustments and determined that changing our cards from prepaid debit to charge cards is the best option to preserve the customer experience. I recogniz…

It it possible to continue using Privacy.com without providing an SSN?

As I commented in a thread below, I had started using your service connected to a debit card via my credit union. Then was required to attach a bank account/routing number as the source for funding and didn't receive an adequate answer as to why (which is fine, but it's slower to process and it requires that I provide more sensitive information). I get that Privacy is obligated to gather certain financial information for regulatory purposes and fraud prevention, but it feels like I'm widening my attack surface providing that info.

Re: Privacy.com Reissuing All Cards

#62

I got this message last night. I started the process to reissue the cards, but I was immediately asked to provide my social security number. Privacy.com already has my bank account number and routing details, but TBH I'm not super comfortable providing even more personal info such as my SSN. Privacy.com has been an amazing service, and although I'll likely cave to their request for my SSN, I'm not all that happy abou…

Hi -- I'm the head of legal and compliance for Privacy.com. Unfortunately this is a bank partner requirement, otherwise we wouldn't ask.

We do take customer privacy and security very seriously, and have worked hard to have similar data security safeguards as larger companies like Square and Stripe (both places I've worked, so I would know!). You can read more about some of our security practices here. https://privacy.com/security

Re: Privacy.com Reissuing All Cards

#63
post #53

Hi all - I’m one of the founders at Privacy. I’d like to provide more context on why we’re asking customers to reissue cards. In an attempt to stay current with changes in card network and bank requirements, we spent the better part of this year investigating product adjustments and determined that changing our cards from prepaid debit to charge cards is the best option to preserve the customer experience. I recogniz…

Why force the change onto customers though? Most people understand the difference between a debit card and a credit card, and as someone who's had Privacy.com cards denied because it was a prepaid MC debit card and not a real CC, I've experienced what the problem was. But for merchants where the prepaid debit card works , why can I not continue using that card number there? Privacy.com is a wonderful service, but it…

> but it already automatically locks to the first merchant the card is used on.

Just a minor correction: I'm able to use the same Privacy card for x merchant for any number of y merchants, so long as it stays under the charge limit I've set for that card.

Re: Privacy.com Reissuing All Cards

#64

Earlier quoted context omitted.

Why force the change onto customers though? Most people understand the difference between a debit card and a credit card, and as someone who's had Privacy.com cards denied because it was a prepaid MC debit card and not a real CC, I've experienced what the problem was. But for merchants where the prepaid debit card works , why can I not continue using that card number there? Privacy.com is a wonderful service, but it…

> but it already automatically locks to the first merchant the card is used on. Just a minor correction: I'm able to use the same Privacy card for x merchant for any number of y merchants, so long as it stays under the charge limit I've set for that card.

That has not been my experience and runs counter to their core product offering. Just my two cents.

Re: Privacy.com Reissuing All Cards

#65

I got this message last night. I started the process to reissue the cards, but I was immediately asked to provide my social security number. Privacy.com already has my bank account number and routing details, but TBH I'm not super comfortable providing even more personal info such as my SSN. Privacy.com has been an amazing service, and although I'll likely cave to their request for my SSN, I'm not all that happy abou…

It's a little ironic that privacy.com is asking for your SSN lol.

Re: Privacy.com Reissuing All Cards

#66
post #8

Having never heard of privacy.com, I reflexively laughed at the headline. Just me?

Sorry, I don't follow but feel like I should. At the risk of dissecting the frog[0], could you possibly explain?

[0] https://www.goodreads.com/quotes/440683-explaining-a-joke-is...

Re: Privacy.com Reissuing All Cards

#67
post #60
post #53

Hi all - I’m one of the founders at Privacy. I’d like to provide more context on why we’re asking customers to reissue cards. In an attempt to stay current with changes in card network and bank requirements, we spent the better part of this year investigating product adjustments and determined that changing our cards from prepaid debit to charge cards is the best option to preserve the customer experience. I recogniz…

I have hundreds of cards! Why are you forcing me to do this?! I have no time! Honestly, I'd probably just move to my main card, which almost never changes! Tomorrow you may decide to do something again! I really don't have time to babysit this! You should grandfather all cards and allow customers to change them if they want, otherwise, they should be valid till their expiration date! You're asking us to do a lot of w…

I agree with this. Not having to fiddle with changing cards was the main selling point that made me switch to Privacy, after my debit card was canceled 2 times in a month for “fraud” (it wasn’t -- they were legit purchases). I also have over a hundred cards, and subscribe to the paid plan. This is a huge inconvenience, especially given the short timeline and holidays. I wish this was handled better for older virtual cards.

Also, I haven’t received any email about this change.

Re: Privacy.com Reissuing All Cards

#68
post #64

Earlier quoted context omitted.

> but it already automatically locks to the first merchant the card is used on. Just a minor correction: I'm able to use the same Privacy card for x merchant for any number of y merchants, so long as it stays under the charge limit I've set for that card.

That has not been my experience and runs counter to their core product offering. Just my two cents.

So a privacy card you used for one merchant was denied by another merchant? And it wasn't due to them rejecting prepaid cards, setting your card to single-use, or setting too low of a dollar limit?

Re: Privacy.com Reissuing All Cards

#69
post #53

Hi all - I’m one of the founders at Privacy. I’d like to provide more context on why we’re asking customers to reissue cards. In an attempt to stay current with changes in card network and bank requirements, we spent the better part of this year investigating product adjustments and determined that changing our cards from prepaid debit to charge cards is the best option to preserve the customer experience. I recogniz…

It it possible to continue using Privacy.com without providing an SSN? As I commented in a thread below, I had started using your service connected to a debit card via my credit union. Then was required to attach a bank account/routing number as the source for funding and didn't receive an adequate answer as to why (which is fine, but it's slower to process and it requires that I provide more sensitive information).…

Hi -- I'm the head of legal and compliance for Privacy.com. Unfortunately this is a bank partner requirement, otherwise we wouldn't ask.

We do take customer privacy and security very seriously, and have worked hard to have similar data security safeguards as larger companies like Square and Stripe (both places I've worked, so I would know!). You can read more about some of our security practices here. https://privacy.com/security

Re: Privacy.com Reissuing All Cards

#70

I got this message last night. I started the process to reissue the cards, but I was immediately asked to provide my social security number. Privacy.com already has my bank account number and routing details, but TBH I'm not super comfortable providing even more personal info such as my SSN. Privacy.com has been an amazing service, and although I'll likely cave to their request for my SSN, I'm not all that happy abou…

Hi -- I'm the head of legal and compliance for Privacy.com. Unfortunately this is a bank partner requirement, otherwise we wouldn't ask. We do take customer privacy and security very seriously, and have worked hard to have similar data security safeguards as larger companies like Square and Stripe (both places I've worked, so I would know!). You can read more about some of our security practices here. https://privacy…

Hey, thanks for the response! Does this apply to both the linking of a bank account (ie account number w/ routing number) and linking a debit card?

Thanks for responding to these questions. Very much appreciated.

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