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-   -   what's the reason to have exp date on visa electron cards? (https://gfy.com/showthread.php?t=775753)

mn 10-11-2007 12:15 PM

what's the reason to have exp date on visa electron cards?
 
Without money on an electron card you can't use it... or have I missed something?!

Anyone knows why all banks have exp date on them?

I'm ONLY talking about visa electron cards here. NOT regular visa cards.

gaymale 10-11-2007 12:19 PM

Main reason is to make sure that the customer keeps their information up to date, I guess. If you don't keep your info up to date, you won't receive your new bank/credit card at the correct address if yoou move.

Wizzo 10-11-2007 12:24 PM

Probably because many processing systems require it... :pimp

woj 10-11-2007 12:28 PM

so they can make $$ every 2 years I would gues...

WiredGuy 10-11-2007 12:29 PM

I think most credit card terminals / systems require an expiration date to transact it.
WG

mn 10-11-2007 12:45 PM

Quote:

Originally Posted by Wizzo (Post 13221552)
Probably because many processing systems require it... :pimp

Its required on all processing systems. But why not set them to expire after 99 years? Most places issuing electron cards set exp to one or two years.


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