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 BNM New Rulings on CC, No more card to card approve

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jensen_tidus
post Mar 18 2011, 11:19 PM

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From: PJ


QUOTE(MilesAndMore @ Mar 18 2011, 04:07 PM)
Another news just came in. No more sudden credit limit increase and we'll soon all have to key-in our PIN number to buy something with our credit cards.

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I really doubt this will work out fine...
Even receiving TAC for online billing is slow, I wonder what will happen since every seconds there might be at least 50 ppl be swiping their card from the same issuer... During weekend, I'm sure there will be a lot of delay...

Imagine a long ling queue at supermarket counter with people waiting for PIN from the bank through SMS... hmm.gif

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