alt Hacker NewsI was wondering about this. I wonder if there are insurance products to close this gap? Or maybe some banks offer accounts with different kinds of purchase protection.
I'm with you. While I'm no fan of the risk involved with missing a CC payment, there's a mountain of difference between credit and debit when it comes to fraud. It's literally you trying to get your money back (debit) versus some giant corporation trying to get _its_ money back (credit).
There are still protections from the bank/visa/mastercard network.
Somebody somehow stole my card credentials (online i think) and managed to get money out of my debit account through some obscure way without 2FA. The money disappeared but transactions showed up as “uncleared” and after few days i had money back. My bank said that i have to wait for the transactions to clear before they can start the transaction dispute because now it's in network hands.