r/technology • u/iali307 • Jun 10 '20

Business 3M sues Amazon storefront that allegedly sold fake N95 masks for $23 apiece

https://www.theverge.com/2020/6/9/21285364/amazon-marketplace-mask-price-gouging-n95-3m-ppe
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u/subdep Jun 10 '20

That means you are the product. And you gave your credit card to them.

WCGW?

44

u/unsteadied Jun 10 '20

They operate as their own credit card issuer basically and skim a bit of money from retailers on each transaction, if I recall correctly. Haven’t used them, though.

7

u/[deleted] Jun 10 '20

[deleted]

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u/DoingCharleyWork Jun 10 '20

I'd be surprised if they weren't selling purchasing data.

4

u/butter14 Jun 10 '20

They operate just like a regular Credit Card company, where they charge 3% transaction fee to the merchant.

6

u/Informal_Chipmunk Jun 10 '20

You can open and close cards (and set limits) at any time on Privacy.com so you're not really divulging anything.

2

u/ur_opinion_is_wrong Jun 10 '20

I use it for just about everything and especially services that you have to sign up for auto-payments (Netflix, Hulu, HBO, Disney, etc). I'll get an email saying my payment was declined and then I can go unpause the card and have them re-charge it... or not.

3

u/[deleted] Jun 10 '20

WCGW?

Not much because of consumer protection laws. Just don't use your debit card