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Gregory Karp

Jewel glitch costs 2nd shopper $682.40; experts say stop using debit

Jewel glitch costs 2nd shopper $682.40; experts say stop using debit

The recent payment processing glitch at Jewel-Osco highlights the risk of using debit cards, which expose consumers to a cash-flow crunch if their card is compromised by such a foul-up or fraud. It's why many privacy advocates beat the drum against using debit cards, regularly warning of their dangers compared with paying by cash or credit card. Consumer advocate, author and syndicated radio host Clark Howard calls debit cards "piece of trash fake Visas and fake MasterCards." He has for years railed against using them because of their risks. The Privacy Rights Clearinghouse suggests that consumers never use — or even carry — debit cards, saying they are...

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