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Use Your Driver’s License As A Debit Card - A Little Relief from High Gas Prices on the Horizon
By Mr Ethanol | August 9, 2007
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GreatFX:
Though it’s not because gas prices are necessarily going down. It’s because gas stations in Texas (with a nation-wide expansion in the works) are providing up to ten cents off per gallon with a special program. The program comes from a two year old, eight person company called National Payment Card (NPC). And all you have to do is pay for your gas by swiping your driver’s license through the credit card slot on the gas pump.
Well, first you have to enter your driver’s license number and bank account information on the NPC website. When your driver’s license is swiped, an automatic withdrawn is taken from your bank account through an e-check with the Automated Clearing House, which is typically used for direct deposits.
Many are skeptical of the idea of giving out such personal information. In fact, the Texas Department of Public Safety does not endorse NPC or any other program that uses your state issued driver’s license. But what those who have their doubts don’t seem to acknowledge is the fact that programs like PayPal (which I know, through experience, to be entirely secure) require more personal information from you than the NPC program.
There is no personal banking information attached to your driver’s license. And, if you ever make purchases on the internet, you give out bank account or credit card information all the time. Plus, the NPC has strong security measures in place. The purchase cannot be made without entering a pin number, and, after three failed attempts, withdrawals are no longer permitted. Additionally, there is a monthly withdrawal limit of $300 in place. And, if you ever are a victim of identity theft, you would only be responsible for the first $50 withdrawn.
Topics: Cars, News, Saving, Tips, Trends |
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New Way Of Making Easy Money Online
August 9th, 2007 at 6:19 am
I hope that you find this website easy to use and informative. In my two decades as an Extension Economist in the area of Marketing and Management
August 10th, 2007 at 3:31 pm
I think it is a valid idea. I personally might wait till it gets a little bigger. If more folks are using it then we can see if it is really safe.
http://thetravellingquilter.blogspot.com/