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Privacy – Forget Your Credit Card

privacy.com

121–130 of 367 posts

Re: Privacy – Forget Your Credit Card

#121
The email you send to verify the bank comes off as SUPER shady. It reads exactly like a phishing email. It doesn't talk about which site / bank I'm using. Might be worth fixing.

From: Account Management Team

....

Thank you for being a valued customer.

Sincerely, Online Banking Team

Re: Privacy – Forget Your Credit Card

#122
post #101
post #89

Is that something that new? My bank (Itaú, in Brazil) offers this option for some time now. Here(in portuguese): https://www.itau.com.br/cartoes/cartao-virtual/ Or am I missing something? Edit: They launched it in 2002: http://exame2.com.br/mobile/tecnologia/noticias/itau-agora-t... Edit2: Sounds new in the US. This is not supposed to be a bragging/snarky comment. Just genuinely surprised as innovation usually come t…

I've never heard of anything like this in the US. So I think it is new here, at least.

Citi offers this, and I believe bank of America as well.

Blur from Abine.com has an almost identical system to the one described here.

Re: Privacy – Forget Your Credit Card

#123
post #47

Earlier quoted context omitted.

It does :), you can create directly from your dashboard without an extension. The current onboarding flow pushes you towards creating a card first, but we'll patch that.

Good to hear! Bring this to Europe and I can see it being very popular, credit cards aren't as common or easy to get here and ordering outside of your local country often requires one. I imagine that's still a long way away though :).

Credit cards are hard to get in Europe? If you are talking about cards with credit line, sure, but debit/prepaid cards are pretty easy to get (e.g. Number26, Monese, Revolut, Fidor etc).

Re: Privacy – Forget Your Credit Card

#124
post #54
post #48

Earlier quoted context omitted.

Citi and BOA get away with it because they can allocate out of a large pool of BIN numbers that are otherwise regular use debit/credit cards. These guys will have to figure out how to get a similar "mix" to avoid being flagged as prepaid/single use. This was the issue that ultimately caused PayPal to kill the service they had that was almost exactly the same as Privacy.com.

> will have to figure out how to get a similar "mix" to avoid being flagged as prepaid/single use. This was the issue that ultimately caused PayPal to kill the service That's fascinating. Perhaps PayPal killed it for multiple reasons because the (possibly biased) answer from a PayPal said not enough people were using it: "The one-time card numbers -- technically they were MasterCard virtual debit card numbers -- were…

Those might not be distinct reasons.

If a lot of merchants were flagging and rejecting transactions from Paypal's virtual CC BIN numbers, that would prevent people from using it very often, leading to "not generating sufficient tx volume", right?

Re: Privacy – Forget Your Credit Card

#126
I signed up for this. Sadly, it is not what I thought it was and the website does not make it very clear. Basically, this is for online purchases only. To make matters a bit worse, it wants to connect to your real bank account.

What we need here is a physical credit card that I can use in the real-world that has a new number on each swipe. Most of my historical fraud has happened because I probably swiped my card at a location that was compromised.

Just my two cents.

Re: Privacy – Forget Your Credit Card

#127
post #89

Is that something that new? My bank (Itaú, in Brazil) offers this option for some time now. Here(in portuguese): https://www.itau.com.br/cartoes/cartao-virtual/ Or am I missing something? Edit: They launched it in 2002: http://exame2.com.br/mobile/tecnologia/noticias/itau-agora-t... Edit2: Sounds new in the US. This is not supposed to be a bragging/snarky comment. Just genuinely surprised as innovation usually come t…

Not really - Paypal was doing it via their browser toolbar ages ago , back when toolbars were still a thing. They stopped offering this functionality back in 2009, I think. That said, it's not particularly common at US banks despite being a horrifically useful feature (Bank of America has it, but I'm not aware of anyone else). I'm excited that I can hop on and use Privacy but it seems like it's more of a feature than…

Virtual cards from Citi and masked cards from Abine.com

Re: Privacy – Forget Your Credit Card

#130
post #72

Does it work if I live outside US?

Check the "Other" section of their FAQ: https://privacy.com/faq "We're only available in the United States at the moment."

Interesting; I was wondering whether they'd be available for Canadian customers of TD Bank, but I guess not.
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