If someone stole my Visa Electron...

[CannonFodder]

X-ray wrote:
What is Electron?

It´s a ¨debit¨ card that they give to people who have a poor credit rating.

Most places take it now, but a lot don´t as the transaction isn´t guaranteed by the bank.

If one was to buy a ticket on a train with a normal debit card and the account attatched to the card had insufficent funds to pay for it, then the bank would still pay the transaction and the account would go overdrawn, even if the account has no overdraft facility.

In the same situation with an electron card, the bank would refuse to pay the transaction to the seller.

IIRC

[CannonFodder]

Right, except that the Electron will decline on the spot if you don't have the required funds.

Not when you use it on the train with the hip swipe machine.

If they allowed them on the station machines they would have to allow them on the hip machines too.

Technical reasons are usually given as the reason.

[CannonFodder]

NoFastMem wrote:

CannonFodder wrote:
If they allowed them on the station machines they would have to allow them on the hip machines too.

Hmm, for the benefit of what? Consistency? Because that goes out the window once you accept one Visa card and not another.

I dunno, it just does my head in that I can't pay with a perfectly good card for the sake of a few simpletons who might not get their heads around the need for the charge to process before goods or services are provided.

The banks don´t give a sh!t about your custom, or your conveniance.  That´s why they gave you an Electron Card.  Otherwsie you´d have a VISA Debit or a Switch(Maestro) Card.