Debit. She doesn’t have any credit cards. I asked her how it could happen and she said “who knows - Ebay, Amazon, Walmart”. I wonder if it is more prevalent with online transactions or in stores? Or can they possibly just hack in directly to banks and steal the information? This has to cost banks billions. You would think they would come up with a better system of protection.
They would get somebody at a retail store to put a skimmer on their credit card reader. They would collect a bunch of numbers and associated pins, load them onto blank magnetic strip cards and then hit a couple hundred accounts at ATMs around the lower mainland area of British Columbia.
There is a big difference between a credit card and a debit card.
A credit card is a mechanism to help retailers sell more stuff. The main component of that mechanism is a business relationship between the creditor and the retailer. Part of that agreement is that the retailer is supposed to insure the person buying is the person on the card.
A debit card is different in that the PIN number is the security feature. Despite the vulnerability of putting the PIN number into the retailers card reader, the responsibility of PIN security is still largely on the holder of the card.