You know the form...
Company flogging (supposedly at least) harder to defraud pre-paid credit card for online purchases, claims online fraud now major concern
http://news.bbc.co.uk/1/hi/business/6293907.stm
Britons fear being ripped-off online more than gun crime, climate change or even contracting MRSA in hospital, a survey has suggested.
Online fraud worries four out of 10 Britons, according to a survey from 3V, an electronic payments company.
Interesting. Of course this service 3v offers comes at a price. £3.50. Now I know this doesn't sound like much, however you're charged this everytime you top the card up and it's the same amount regardless of how much you top the card up by. If it's the tenner minimum or the maximum amount of £200 it's still £3.50. This means that spending a £10 is going to cost £13.50.
Worse if you have a balance on the card which you'd like converted back to cash they'll charge you £1.75 for the privilege. If you don't use the full balance on the card by it's expiry date, they'll charge you an "account management fee" of £1 per month, every month until either you cash it in or it reaches a balance of £1.75, which they'll take as a "final redemption charge".
I think I'll take my chances. At least with online fraud you don't normally know your being ripped off in advance....
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