question on credit card security?

October 19th, 2008 · 1 Comment

hi
how does this work
when ever i tried to setup automatic monthly payment with tmobile,it asks for my credit card and within seconds it verifies whether the card is valid or not..
does this mean tmobile has got access to all credit cards in US….
how much do they pay to the credit card /banks to get these card number access

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Tags: Security

1 response so far ↓

1 Afewquestions // Oct 19, 2008

They just run your number through the computer and if it comes up as yours then you are fine. It’s the equivalent of going into a store an swiping it on their counter. Most online companies do this for online payments, it’s normal.

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question on credit card security?

October 19th, 2008 · 1 Comment

1 response so far ↓

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