Explain the risk of fraud with a travel card.
Explain the risk of fraud with a travel card.
What I was just advocating for, is taking ownership and control of the risk. If it’s your own entire bank account perhaps with a few thousand dollars, that risk is thousands of dollars. By segmenting that you can reduce it to dozens of dollars in which case, no matter the coin flip of bank fraud and money return, you’re never putting your eggs all in one basket.
Risk management is more than good insurance.
The fraud prevention page for my mastercard debit card is the same page as the credit card page.
However, what I really recommend is you can get travel cards that you load with minimal money and are entirely disposable. You don’t need to only use them overseas. I have used them for online payments and in person payments and they’re disposable. That is I can get two more unique cards with unique numbers at any time. Minimising my personal risk since they can’t be used as ID and I limit the money on the card to just what’s needed. If it’s stolen skimmed or tried to be used fraudulently I might at most lose 50 dollars but I also probably know who within a margin of error skimmed it since I rotate them with new cards every so often.
I’m also in a place where losing 50 Australian dollars won’t financially bankrupt me if it was stolen. Because I’m pretty sure there is lots less fraud protection on those travel cards.
Anyway there’s alternatives for those who can’t or morally object to credit cards. Like me. Mine is I’m bad with money, I morally don’t trust myself since I went into 10k debt at 18.
Standardised is a funny word, a car manufacturer doesn’t standardise. Laws and 3rd parties like ANCAP do.
When they need to do it to sell it with certain safety requirements, they will.
However, even if those happen, and car makers today start building them with that, it’ll take a decade or longer before you’ll start seeing them in majority on the road. So even if you lobby for it, expect time since I’d say less than half of all people buy new cars, so it’s not until the second hand market sees it will it be commonplace.
Right now the second hand market is starting to see things like collision avoidance systems and they will often flash brake lights when emergency braking on behalf of the driver.