There is a term here-"lost card protection", which is the key word to solve the worries of "credit card users without passwords".
(1), card loss protection, is a card guarantee service provided by credit card issuance to customers. After losing the card (the card needs no password function), the cardholder can report the loss to the bank in time and go through the relevant procedures, and within a certain range, it is not necessary to bear the loss of the card stolen within 48 hours before the loss report (except for transactions that require passwords, such as cash withdrawal, online transactions, electricity purchase and mail order transactions). )。
(2) The maximum amount of protection enjoyed by the cardholder every year is limited to the credit limit when the credit card is stolen, including fixed credit limit and temporary credit limit, except for self-owned deposit overflow deposit, and the maximum amount shall not exceed RMB 65.438+10,000 yuan/year/household. For those who hold more than one credit card, the credit limit of the credit card with the highest amount at the time of theft is the highest guarantee amount every year. (Different banks pay higher compensation, such as American Express Card of Shanghai Pudong Private Bank, with a maximum of 300,000 yuan/year).
(3) According to the actual situation, the insurance company will compensate the cardholder for the loss of funds stolen due to general consumer transactions or online transactions within 48 hours before the official loss report (72 hours for different banks), and the total compensation will not exceed 6,543,800 yuan+10,000 yuan/account/year. You can learn the detailed insurance terms through the credit card official website. Please refer to the relevant insurance clauses for details.
(4) Effective time of the lost card protection function: customers who newly open a card will enjoy this protection the day after their first credit card consumption, and credit cards that have not been traded for six consecutive months will be automatically cancelled. If the customer trades again after 6 consecutive months, he can enjoy this guarantee again the next day. If the password function is enabled on the card, the security protection function will be automatically cancelled.
(5) The loss of funds caused by not setting the password and the bank's payment instruction (there will be some differences between banks).
After the cardholder loses the card, he should immediately call the credit card customer service to report the loss. In case of theft at the time of loss reporting and the stolen transaction takes place within 48 hours, the cardholder shall fill in the card loss protection acceptance form of the bank to which the credit card belongs within 45 days after the stolen transaction takes place (subject to the postmark time), and mail it to the credit card center of the bank to which the credit card belongs together with the original report of loss reporting (the report of loss should be detailed in the report of loss and stamped with the official seal of the public security organ) and a copy of the ID card through postal EMS. The bank will investigate and verify the information, interview the customer if necessary, and notify the customer of the acceptance result by SMS within 45 days after receiving the complete information. In addition, please note that when reporting the case, you must explain in detail the stolen losses you suffered.
(6) If the consumer password has not been opened, the protection scope of lost card protection is: the stolen loss occurred within 48 hours before the loss was reported after the credit card was lost or stolen. It does not include transactions that require passwords such as cash withdrawal and transfer, online transactions, electricity purchase, mail order transactions, and electronic cash transactions. In addition, please note that the part of the customer's own consumption within 48 hours before the loss report is not covered by the card loss protection. For details, please refer to the "Lost Card Protection Rules" of relevant banks.
(7) Special attention: In case of fraud or dishonesty (such as personal consumption and misuse of this system), the bank will reserve the right to refuse compensation and take further legal action.
The following are passwords related to credit cards. After reading them, you will understand that it is safest (compensated) not to set a password.
(1), credit cards generally have three passwords: inquiry password, cash withdrawal password (for cash withdrawal) and consumption password (the same as cash withdrawal password). After the cash withdrawal password is successfully set, the consumer password will be automatically opened, and the two passwords are the same (cardholders can choose according to their own needs).
(2) For credit cards, you can set the withdrawal password and then open the consumption password. For example, only the withdrawal password can be set, and the consumption password cannot be opened; Then you can extract the required password, but you don't need a password when swiping the card (cardholders can choose according to their own needs).
(3) If the credit card has no password, that is, there is no password for consumption, then you only need to check the signature when spending. If the credit card is lost, someone else will sign it; Then, this will be carried out within the bank and investigated with the acquiring institutions and merchants to confirm whether I am trading. This internal process needs to be judged according to the actual situation of the acquiring bank and merchants. If the bank determines that it is the cardholder's consumption, the bank will reserve the refusal and take further legal action; If it is impossible to tell whether the signature is my own, then if it is the responsibility of the merchant, the merchant will compensate, if it is not the responsibility of the family, the merchant and the bank will negotiate compensation; If it is determined that the transaction is not the cardholder's own (and the fraudulent user can be found out), the bank will pay compensation to the cardholder, and then bring a lawsuit to the court to compensate the fraudulent user for all the consequences.
Let's talk about the hidden dangers of setting passwords first.
(1), almost all banks' credit card statutes stipulate: "All transactions conducted with passwords are regarded as the cardholder's own behavior. Electronic information records generated by various settlement transactions based on electronic information such as passwords are valid vouchers for this transaction. If the transaction does not use a password, the transaction voucher signed by the cardholder is a valid voucher for the transaction. " In other words, as long as the password is used in the transaction, the bank will regard it as the cardholder's own behavior, and the bank will not be responsible for the loss. Once criminals peek at your password, it is very dangerous. If you don't use a password for trading, only the cardholder's personal signature is valid. If you don't sign (signature identification is the last word), no matter how others imitate it, the responsibility is not on the cardholder.
(2) Now let's assume that the credit card was stolen after it was lost.
In the current acceptance environment, after a signed credit card is lost or stolen, criminals will really easily imitate the signed credit card before the cardholder reports the loss. But because the password is never entered, there is no leakage; At the same time, because it is not my signature, it is easy for handwriting experts to distinguish authenticity when investigating responsibility. After confirming that it is not my signature, the responsibility will be transferred to the merchant who swiped the card. Because the merchant has the obligation to check the signature clearly, the cashier is a special professional position. If there is no signature or the signature is not similar at all, the merchant will bear certain losses (the terms of the contract signed by each bank and the merchant POS are different). If the signature is very realistic, and the cashier of the merchant can't tell the authenticity, then the insurance company will pay the bank according to the agreement, and the cardholder does not need to bear the loss. Under the password confirmation system, once the card and password are lost, stolen or extracted, the loss may be borne by the cardholder.
Finally, summarize and expand.
(1), it is precisely because of the action of entering the password that criminals have an opportunity, thus making our credit cards more insecure.
(2) Credit cards are imported from abroad, so many regulations refer to foreign signature verification, which is a popular way to confirm transactions abroad. Domestic double-label credit cards do not need passwords when used abroad, and they have no credit card verification function through organizations such as visa or mastercard. So, after reading this article, don't set a password for your double-label credit card.
(3) If the credit card function is not set, once the card is lost, if it is reported in time, even if the signature is forged, the bank will bear the loss.
(4) After setting the password, you must enter the password every time you consume. Entering passwords in supermarkets, restaurants, shopping malls and other places is almost unobstructed, which is easy to be seen by people or cashiers, and the personal bank card password should not be known to anyone else, otherwise it will lose its meaning.
Others know your password, you take your card or copy your card, as long as the password is verified, all consumption is regarded as my own consumption, and the bank can be irresponsible.
(5) Insurance companies or merchants usually bear the responsibility of credit card theft. In this process, it will be very troublesome in China, and it will even take a long time to go to court with the merchants (for example, 45 days), which is why password consumption is recommended in China.
(6) In order to better experience the security without password, at present, most credit cards in China use IC chip cards and micropayments without password. We can deposit some money (generally not more than 1 1,000 yuan) through UnionPay ATM before we experience it.
(7) Your card has a password. When the correct password is entered, regardless of whether the signature on the document is consistent with the signature on the back of the card, the bank will think that the fee is approved by the cardholder himself. In other words, in this case, your transaction password is your only authentication method.
(8) Setting a password for a credit card is related to the inherent usage habit that everyone needs to set a password for a savings card.
(9), handwriting identification, handwriting identification is based on the characteristics of people's writing skills and habits, reflected in writing handwriting and painting, to identify the writer's special technology.
Professor Tu, a famous expert in handwriting identification, has his own understanding of the classification of handwriting based on his own identification practice. She thinks: "The handwriting features that have been proved and widely used in identification mainly include the following contents: written language features, text layout features, calligraphy level features, font features, writing features, typo features, stroke features, collocation ratio features, comparison marks features, punctuation marks and Arabic numerals features". At present, the auxiliary portable video microscope is used in the industry for on-site identification. For example, microscopic identification such as MSA200\WM40 1TV of Anyty can enlarge tiny things, and you can clearly see the information such as the material of rice paper, the depth of ink, the details of seal, the strength and so on when you enlarge 100-200, which can be seen at a glance under the microscope, and you have had a hobby experience in ancient paintings and calligraphy and painting.