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Gas stations and debit cards mix as well as oil and water. ... Top 15 financial scams targeting older Americans — and how to keep your money safe from fraud and identity theft. My gas station ...
Debit cards lack some of the protections that credit cards have. Therefore, it is recommended to use a credit card at gas stations. The best option is to pay with cash, and the second best option ...
If possible, you should consider using credit instead of debit when paying at card readers. Credit cards often have more protection when it comes to cases of fraud, banking company Capital One says.
Gas stations are routine stops for most people, but they also present opportunities for criminals to take advantage of those who are unaware. Before you fill up your tank next time, it's important ...
The shift from cash to digital payments -- credit cards and debit cards, mobile payment apps and digital wallets -- has taken the world by storm. According to a report by McKinsey & Company, more...
A few areas have gas stations that use electronic tolling transponders as a method of payment, such as Via Verde in Portugal. Pay at the pump was first invented in 1973 by George Randolph “Randy” Nicholson (1937 ( 1937 ) –2020 ( 2021 ) ), debuting at an E-Z Serve gas station in Abilene, Texas , but did not take off until the 1980s.
According to data from FICO, debit card skimming grew by 96% in 2023 from the previous year, with more than 315,000 cards compromised in the U.S. through almost 1,600 skimming incidents.
Here's also how to spot and avoid gas pump switching and other gas station schemes.