Frequent travelers have a checklist; it is the list of all the things to do before heading out on a trip. One of the items that I usually remember to do is to call the credit card company to let them know where I’ll be traveling to, so that I don’t run into problems using my card while far from home. Currently, credit card fraud committed aboard is unfortunately one of the biggest growth areas for crime.
Despite this fact, for the average traveler credit cards remain one of the safest methods for making payments while away from home, which is why you don’t see those American Express Travelers Checks commercials as much anymore. The problem is that while practically every retailer will take the plastic, the issuers can sometimes be too diligent in blocking transactions given the rise in credit card fraud.
Fortunately, Ericsson is one mobile carrier that has a plan that might just make it easy to “charge it” and still have the utmost security. This is good news for business and pleasure travel, and since such travel usually has blurred lines in today’s economy and work environment, it is just good business all around. Essentially, what Ericsson has in mind is its IPX Country Lookup service that provides information to the credit card company that you’re actually in the country where the transaction is being carried out. This helps ensure that the transaction is legitimate.
While having a transaction rejected because you made a purchase online or over the phone just means calling the company and confirming the purchase, this can be inconvenient and even embarrassing while on the road. It doesn’t look good at a business dinner to hear, “sir, your card has been declined.” So in this case the IPX Country Lookup resolves the problem.
Currently, this technology is only available for GSM networks. And lest fears that your every move be tracked; this technology will only provide the credit card company with information on what country you’re in, not your exact location.
The other problem is that this can’t prevent fraudulent transactions from occurring in the same country you’re in, but at least this can help limit the fraud from occurring after you’ve made it home. Any step in helping curb fraud is good for all credit card users, and this is one mobile solution that can help take a bite out of crime.
Mobile Travel App of the Week:
Carrying around a guidebook is a sure sign of looking like a tourist – not that there is anything wrong with that. But if you want to blend in, but still get the inside scoop on things, pull out your mobile handset instead. One of the best travel guides is now available in the palm of your hands. NileGuide’s free Guide to Go iPhone app will provide guidebook information for your destinations, plus allow you to create customizable itineraries, where you can include maps, points of interest, and even get weather information.