On Mon, 20 Apr 2020 20:44:35 -0700 (PDT), Its Me wrote:

On Monday, April 20, 2020 at 7:06:13 PM UTC-4, wrote:
On Mon, 20 Apr 2020 13:35:34 -0700 (PDT), Its Me
wrote:

On Monday, April 20, 2020 at 2:07:51 PM UTC-4, wrote:
On Mon, 20 Apr 2020 09:59:10 -0700 (PDT), Its Me
wrote:

On Monday, April 20, 2020 at 12:59:25 AM UTC-4, Mr. Luddite wrote:
On 4/19/2020 11:22 PM, wrote:
On Sun, 19 Apr 2020 21:36:05 -0400, wrote:

On Sun, 19 Apr 2020 20:39:21 -0400, "Mr. Luddite"
wrote:

On 4/19/2020 7:09 PM, wrote:
On Sun, 19 Apr 2020 14:34:44 -0400, John wrote:

On Sun, 19 Apr 2020 14:03:31 -0400, wrote:

On Sun, 19 Apr 2020 13:38:44 -0400, John wrote:

On Sun, 19 Apr 2020 17:01:52 -0000 (UTC), Bill
wrote:



I looked on the IRS site wondering where my money was. We get our refund
for years direct deposit, our social security checks for 15 years have been
direct deposit to the same account. The site said I was eligible, but
needed banking info. Sad, they are this incompetent. So you may want to
check your eligibility and see if they have the bank info.

Mine came through fine.

IRS says they sent mine but I should check with the bank to see if
they have it. I am just going to wait for my next bank statement. I am
not even sure the bank is open. I doubt I will see it just by looking
at my balance.

Us modernized folks can check our accounts online.
+



I guess if you believe, go for it.
I limit online exposure to my money.


How do you think your stimulus money is being sent to your account?
Or your SS deposits?

According to cyber experts, on-line banking, being encrypted, is more
secure than physically appearing at your bank and depositing or
withdrawing $$ that creates an unencrypted paper trail. It's also more
secure than using your ATM card.

If someone hacks the bank and gets your money you have recourse. If
they hack you, get your PIN/PW, it is not that certain how fast they
will make you whole, if ever. As far as they are concerned "You" took
the money (we saw you log in) and you have to prove otherwise.

===

Many, if not most, ATM machines are also taking your picture as you
transact. That's one of the ways they catch scammers.


I use online banking for just about everything. Paying bills,
checking accounts, deposits, receiving and sending wire transfers, etc.
Only written check I write is for the landscaping service in the
summer and snow plowing in the winter.

My wife is like Greg. SHe doesn't trust it. She has accounts in
another bank and does everything the old fashioned way except for
her SS check which is direct deposited. I've tried to convince
her that it's safe and very convenient. I've explained that every
time she uses her ATM card a credit card or even if she writes
a check at a store her account info is being
transmitted to the bank and back but she won't hear of it.

I remember back in the old days some people were leery of reading their credit card info to someone in a phone call when paying. They were concerned that someone could be listening and could steal the card numbers. But those same folks typically didn't have an issue dialing the card number on the phone's keypad.

What they didn't realize is how easy it was to just capture those DTMF digits with a cheap decoder and display or store them.

The issue was giving out your number to a stranger, no matter what the
transmission method was. Congress fixed that by making the CC company
eat fraudulent charges. Credit cards were so profitable that they went
along.

Maybe for you, but not the people I heard complain about it. They didn't like sending the spoken words over telephone lines.

Hell, you gave your number out to a stranger everytime they took an imprint at the store, then if they didn't dispose of the carbon sheets properly your card info was in the trash and at the dump.

So folks just don't like "new" things.

In my case it is simply that I haven't seen the need. The only thing I
would be doing is checking my balance.

OK. I guess I misunderstood this:

"I EFT things like bills and payments to me but that is not the same as
an open internet portal with my name on the transaction. If someone
hacks your phone and logs on as you, your chances of fighting it are
harder than if someone pretends to be the power company."

It sounded to me like you didn't trust the security of online banking. My bad.

LOL!
--

Freedom Isn't Free!