Word: debits
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Dates: during 2000-2009
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Crimson Cash, a debit-based account that allows University affiliates to purchase Snickers bars or coursepacks with a simple swipe of a card, will now be accepted at five Harvard Square locations...
...Cambridge resident reported that while walking down Harvard St., two Hispanic males grabbed her suddenly, pushed her to the ground, took her purse and fled. Contents included $100, a Mass. drivers license, a debit card, a cell phone and keys...
Since its inception in 1994, the Crimson Cash system has grown to become the on-campus currency of choice at Harvard. Members of the University use the convenient debit system to purchase more than $5 million worth of junk food, textbooks and Harvard wares. But earlier this month, two student hackers at universities with systems like Crimson Cash revealed that they had discovered serious security weaknesses that, according to the students, allowed them to monitor transactions and could potentially allow them to charge expenses to the accounts of others. The system’s provider and the University must...
...HUPD officer was sent to Peabody Terrace to take a report of fraudulent use of a debit card...
...free products. (Such cards are legal elsewhere.) Some retailers are also fighting back. When the euro became legal tender at the beginning of last year, the clothing-store chain C&A, fearing chaos at its tills, gave a 20% discount to German shoppers who paid with credit or debit cards instead of cash for the first four days. German authorities said the discount breached unfair trading laws and a court agreed, fining C&A €1 million. C&A in December decided to take its case to Germany's highest court. "We think we are in the right," says...