From: Ronald Raygun 
Subject: Re: Companies with webcards that are student friendly?
Newsgroups: uk.legal uk.finance
Date: Wed, 22 Nov 2006 10:18:05 GMT

Alex Heney wrote:

> On 21 Nov 2006 15:58:02 -0600, Mr X  wrote:
>>
>>The webcard goes some way to reducing the danger from remote
>>transactions.
> 
> It does, but AFAIK, remote transactions are not a significant source
> of stolen details.
> 
> They are a significant source of card fraud, but through fraudulent
> *use* of previously stolen details.

Quite.

> A webcard will not restrict fraudulent *use* on line, it will only
> restrict theft of details on line.

But is it not the case that these "cards" can *only* be used on line,
and that therefore theft of details elsewhere is completely eliminated?