I don't want this feature enabled for me as a customer. Most of the time I go on my bank's website and generate online credit card numbers with a ceiling amount. Those come with a fixed expiry date (usually very soon, one month after card is created). I use this to be sure that I don't get trapped into a recurrent payment that I would have missed in the fine print.
How can I make sure that an online shop will not be able to draw money off my card after the expiry date? If I understood the technical magic here, that would help.
Since Stripe is relying on the banks to give them the updated information surely the banks wouldn't be updating generated card numbers as they would all be unique.
Comments
I don't want this feature enabled for me as a customer. Most of the time I go on my bank's website and generate online credit card numbers with a ceiling amount. Those come with a fixed expiry date (usually very soon, one month after card is created). I use this to be sure that I don't get trapped into a recurrent payment that I would have missed in the fine print.
How can I make sure that an online shop will not be able to draw money off my card after the expiry date? If I understood the technical magic here, that would help.
Since Stripe is relying on the banks to give them the updated information surely the banks wouldn't be updating generated card numbers as they would all be unique.
What bank does that?
Bank of America has it. They call it Shop-Safe.
Citibank