[TekMol]

I'm surprised so many here seem to be fine with paying by credit card.

Isn't it causing you an uncomfortable feeling, that one company gets all the data about every single thing you buy?

And via this also everywhere you go and when you go there?

So you are a 100% "see through" person to Apple, Google and/or Visa?

[yoz-y]

For me, the answer is no, I don't care about this at all.

[TekMol]

Would you also not care if that dataset gets leaked to the internet some day?

[smikhanov]

If your bank leaks data, you would be in so much trouble that thinking about privacy implications of that would be pretty low on your list.

That's just your bank. If a global payment processor like Visa would leak data, there probably would be ripples going through most financial system (i.e. whole countries abandoning it, etc).

[meiraleal]

This makes zero sense. The biggest trouble is with the data/privacy, the funds would be safe. And no, the world wouldn't stop because of it, pretty much the opposite, small/medium scale leaks happen quite often and big ones aren't unheard of: https://m.startribune.com/target-settles-visa-card-issuer-cl...

[TekMol]

How would the bank leaking data cause trouble?

[smikhanov]

Your entire digital life could be stolen from you if someone knows your name, address, DOB, and last 4 digits on your card. Attacker can go through e.g. the Gmail password recovery process very convincingly impersonating you.

[TekMol]

Gmail will let someone who has that information take over your email account?

The name+address+DOB of many people are public. So anybody who gets a glimpse at someones "card" (I guess you mean credit card?) would be able to take over their gmail? That would surprise me.

Do you have a link that confirms this?

[meiraleal]

And how is that information not part of the data leak which wouldn't exists if one stop using Visa?

[xen2xen1]

So keeping all payments in one places makes you less safe? Doesn't spreading out purchases between banks, credit cards and payment systems make it more likely? If I were that worried I'd pick on system that seemed to have the best track record and stick with it, which would probably be all Apple with things drawn on a mid sized bank chain with a good reputation. How does single sourcing not improve security?

[marcinzm]

My credit card purchases? Not really. I'm more worried about some of my teenage Reddit posts being tied to me than what brand of soap I buy on Amazon.

[yoz-y]

I wouldn't be happy about it. But as others have mentioned this specific data is way less sensitive for me than my email, actual bank data, photos and much much more. The quality of life vs risk ratio is heavily skewed towards electronic payments in my case.

[stickfigure]

The data isn't very granular. $218.76 spent at Amazon could be almost anything (or anythings). Honestly, I look at my credit card statements and even I have trouble figuring out what I spent money on. The data just doesn't seem that interesting.

[dottjt]

It doesn't bother me, no.

I think what I've realised (at least personally), is that we only have a short time to live on this planet, and if life can be made more convenient by offering up my data, allowing me to spend my time doing stuff I actually care about, then I'll do it.

[steets]

I consider myself a very security-oriented person, but you have to draw the line somewhere, and I find myself trusting my financial institution for better or for worse. They already have my SSN, they already have my large purchase history and loans and card history via credit reporting agencies, which you CAN'T opt-out of; there's very little else they can't also find out if they really wanted to. At some point you just have to throw in the towel.

[zx8080]

I've seen ads on using Visa and Mastercard for public transportation instead of special cards. Especially in Japan and Singapore. Not sure how two aspects are addressed: privacy and availability (in case of bank card txs do not work?).

Personally, I'll stick to using the special transport card or cash on public transportation as long as I can. I hate the idea of all my movements being sold to advertisers (or, actually, anyone paying some moneys).

[InsomniacL]

No it doesn't bother me, actually the opposite.

I feel much more comfortable spending money, knowing that;

1. It's the banks money, I can contest any changes on my statement before any money leaves my account. (consider paying for a bathroom renovation and the builder runs off with money or goes bust. The bank takes the hit, not me.)

2. That mass-data helps protect me, such as, abnormal usage can be queried for protentional fraud automatically.

[jcfrei]

Someone correct me on this but those companies only see the vendor and the amount - not specific items afaik. What I'd be more worried about are the rewards programs at the big retailers - that's the way to really analyze a persons behavior.

[nerdbert]

Somehow I have decided that being paid 2% by the credit card company is a fair exchange.

[CalRobert]

I detest it, but more on a broad societal level than individual. But I still use card (I don't really care for involving Google in yet another part of my life) because, well, what I do individually doesn't matter.