[pianotech] pay as you go

[George F Emerson]

----- Original Message ----- 
From: "Gerald Groot" <tunerboy3 at comcast.net>
To: <pianotech at ptg.org>
Sent: Monday, November 09, 2009 8:17 PM
Subject: Re: [pianotech] pay as you go

>...... A debit card works exactly like a credit card.  ....

At the point of sale, they are functionally the same; the future 
implications are not the same. In the USA, you have greater protections, 
under the law, with credit card transactions, than with debit cards, with 
respect to "misrepresentation of the product or service", fraud, or identity 
theft.  With a debit card transaction, the money comes out of your account 
almost immediately.  With a credit card transaction, there is time to 
dispute transactions before they are irrevocably complete.  Fraudulent use 
of a debit card can wipe you out in minutes!  There are greater protections 
with credit cards, giving you more time to deal with fraud, and other such 
issues.

Frank Emerson