![]() ![]() For the front side of your credit card, cover the first 12 digits (you can do this putting a cropped piece of paper on top of them or by editing the photo on your phone after taking it).Make sure that you cover certain parts of your credit card as described below: To send the copy of your credit card you can always use a phone camera it’s the simplest method. Their own mobile application downloaded from the official device’s store (such as App Store for IOS or Play Store for Android)Īn official contact email address belonging to the domain of your broker, for example, any email address belonging to our company will always end in that’s because it belongs to our domain.Their own web application (always check the URL on your browser to ensure you’re in their official page).In order to safely send a photocopy of your credit card to your broker, ensure that you’re sending it through: Safety precautions when sending a photocopy of your credit card ![]() This also gives brokers a layer of protection against malicious users that try to deposit, trade quickly, lose the funds and then ask for a chargeback to their credit card provider.īy having a photocopy of your identity documents along with a credit card they are sure that the transactions belong to the person in question and are not disputable. Questions Why brokers ask for a photocopy of your credit card?īy, Updated on: Apr 07 2023.īrokers request a photocopy of your credit card to ensure that the card exists physically and it belongs to the person using it. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Īdvertiser Disclosure: when you click in some of the links in our website we may receive compensation from our partners or advertisers at no additional cost to our visitors. 74-89% of retail investor accounts lose money when trading CFDs. The information on this site may be accessed worldwide however it is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.ĬFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please remember that past performance results are not necessarily indicative of future results. All securities and financial products or instruments transactions involve risks. ![]() You should seek independent financial advice prior to acquiring a financial product. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Any information or advice contained on this website is general in nature only and does not constitute personal or investment advice. Note: According to US Code Title 18, Part 1, Chapter 33, 701, it is illegal for a merchant to photocopy your Government ID. is a domain owned and operated by TTBCOM OÜ private limited company with registration number 16140001. ![]() Although there is no rule prohibiting making a copy of the card front, there are standards regarding storing and destroying account data, which would include a copy of the card front. MasterCard guidelines state: The merchant must absolutely not copy the back of the card because the merchant is not allowed to record the CVC data. VISA guidelines state: A merchant must not require a cardholder to provide any supplementary cardholder information as a condition of honoring the card including photocopying the card, unless it is required or permitted elsewhere in the US Regional Operating Regulations. One must be a photo ID from the list of primary ID, and the second may be selected from either the primary or secondary ID list see Policy - Table: Primary and Secondary ID. Is a merchant allowed to photocopy a GSA SmartPay Charge Card?īoth VISA and MasterCard state in their guidelines that a merchant is allowed to make/store a photocopy of a charge card provided they do NOT record or copy the PIN and/or CVC data in any manner or for any purpose. At the time of application for assistance, each applicant must provide two pieces of identification (ID). ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |