But keep in mind that debit and prepaid cards carry their own risks, such as minimum balance requirements and (often)
less fraud protection.
Not exact matches
A number of concerns have been raised regarding the cryptocurrency and ICO markets, including that, as they are currently operating, there is substantially
less investor
protection than in our traditional securities markets, with correspondingly greater opportunities for
fraud and manipulation.
While the level of
fraud protection offered by a credit card and a debit card is therefore technically the same, the aftermath of credit card
fraud is
less severe, given that money is not removed from your bank account as soon as a purchase is made, as would be the case with a debit card.
Of course, there are other
less invasive
protections available, such as
fraud alerts.
As for paying a moving company with a credit card, you may have some additional
protections if your mover makes off with your belongings or commits
fraud, but the rules are
less clear when it comes to damage.
Although both your credit and debit card might provide purchase
protection, «in the case of
fraud, it's certainly easier and
less stressful to contest a credit card transaction, where money hasn't actually left your bank account yet.»
Some examples include a contract dispute where
less than the projected product sales were reaped on expensive, luxury medical machines because hospitals didn't want to buy them, environmental / bankruptcy claims alleging
fraud where a spun - off company failed because of decreased housing demands, and
fraud claims where investors made risky investments without
protections and lost big.
«A number of concerns have been raised regarding the cryptocurrency and ICO markets, as there is substantially
less investor
protection than in our traditional securities markets, with correspondingly greater opportunities for
fraud and manipulation.»
«A number of concerns have been raised regarding the cryptocurrency and ICO markets, including that, as they are currently operating, there is substantially
less investor
protection than in our traditional securities markets, with correspondingly greater opportunities for
fraud and manipulation.