With hackers becoming more and more adept at transcending their limits, credit cards too are being masked as regards their crucial information. Abine, a company that excels in masked credit cards is offering its special MaskMe service for a nominal $5 on a monthly basis. But the company has announced this week to waive off the $5 monthly MaskMe fee through Christmas. Hence MaskMe service will be free for everyone this holiday season.
“Our vision of future is that a large amount of people whenever they are making a transaction have the choice of whether to make that transaction more private or not,” says Rob Shavell, the CEO and co-founder of Abine.
This service is for those who want the privilege of privacy in an online environment. Especially as regards sites that are not secure, this MaskMe method is often used by careful consumers. For example, a breach occurred at Adobe and so many customers prefer to hide their identity at Adobe via masked credit cards. It is the ideal transaction strategy.
MaskMe is a safe, simple and fast service that "lets you make virtual credit cards that work like normal but stop merchants—and thieves—from getting your real card number." Mask your credit cards just in 30 seconds with Abine's MaskMe.
Yet this new approach to buying and selling still has its flaws. It is not 100% foolproof. On Adobe for example it could backfire despite the precautions. But Abine’s MaskMe provides you a free service of creating one-time email addresses "so that Adobe might have one address bouncing to your main email address, Amazon another, Facebook a third and so on," according to Forbes.
But masked credit card can not work for ordering a physical item from a merchant. In this case, you have to give your real address. Hence masked card can not be used for ordering physical items. But Abine promises to introduce a new shipping solution in the future that would reroute packages to you. And you can alss set payment limits to block any recurring charges on subscription-based services using masked cards.
Certain banks including Discover, Bank of America and Citibank, also do not accept this form of cash entry and retrieval through masked identity. Meanwhile, the fact that you have to reveal important facts to Abine seems to defeat the purpose of the security being fully immune to attack by any unscrupulous elements.
However, when you listen to the execs at Abine, they swear that no hanky-panky is taking place. They cite their four years in business as proof of the high level of honesty and fidelity with which they handle credit card info. Had they harbored any bad intentions, they would have been exposed a long time ago. I personally believe that a masked credit card is the best choice to shop online.