The Perils of Plastic: The Problems With Debit and Credit Cards Are Deeper Than We Thought

The Perils of Plastic: The Problems With Debit and Credit Cards Are Deeper Than We Thought
A photo taken in Marseille, France shows credit cards on Feb. 5, 2013. ANNE-CHRISTINE POUJOULAT/AFP via Getty Images
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One night, a decade ago, I was on a sales trip. My wife called me up to complain about the $1,700 dinner that I had enjoyed in Bangkok. Of course she was mostly concerned because she knew that I was in Washington, DC, not Thailand.

A copy of my credit card had made it there, however. The next day, someone using my fake card also tried to buy over $2,000 in antiques in Singapore. Fortunately, the credit-card folks were on top of the situation and my only real inconvenience was waiting a few days for a new credit card to show up.

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