I would also like to put an end to banks sharing my new credit card information with businesses I have subscriptions with. A lot of subscriptions would de facto cancel if banks quit providing that information.
I became aware when I tried to quiet cancel a service just by not updating them with my new card expiration date. Turns out they automatically get the updated info from the issuing bank.
I would also like to put an end to banks sharing my new credit card information with businesses I have subscriptions with. A lot of subscriptions would de facto cancel if banks quit providing that information.
Holy shit what!? I’ve never had this happen… Sounds like fraud!
No it’s a real thing: https://developer.visa.com/use-cases/identify-merchants-receiving-automatic-card-updates
I became aware when I tried to quiet cancel a service just by not updating them with my new card expiration date. Turns out they automatically get the updated info from the issuing bank.
Wow what’s the point of the expiration date then? Damn that is so shady by those companies that do that!