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Comment by battani

> Your credit card is where your wealth is stored.

Your credit card is just a means of payment (a key). Your wealth is stored at your bank.

All these merchants may have your bank keys, but they can't use it to charge you illegally because they will incur costs (a chargeback fee and then some). It a great system in which both the consumer and the merchant are incentivized to behave correctly...

parent battani 12 years ago

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