Beware Capitec Card Agreement

T

technofool

Senior Member
Joined
Sep 7, 2008
Messages
587
Capited Debit MasterCard Agreement (no date, no version)

2.11 Card Transactions are done at your own risk and we shall not be liable for any loss ...
Click to expand...

If you lose any money through skimming, theft, fraud, whatever ... we the bank are never liable, ever. Please sign.

2.13 We shall not in any way be liable to you if we refuse to authorise any card transaction
Click to expand...

If you buy anything we do not approve of, we can decline to pay and you have no recourse.

3.3 You must make sure that the available balance is sufficient for all payments ...
Click to expand...

If you do run out of funds the transaction will fail (duh) and we will charge you a fat penalty to make things worse.

6.2.1 We shall not be liable to you for any damage or loss if any person gains unauthorised access to your card
Click to expand...

If any person can access, copy, clone, swipe, swap, etc. your card, you are always liable whether you authorised or not.

6.2.1 We shall not be liable to you for any damage or loss if any person gains unauthorised access to your account
Click to expand...

If they hack our servers and gain unauthorised access to your account, you are liable for the loss.

6.2.2 We shall not be liable to you for any damage or loss if our ATM, Self Service Terminal fails or malfunctions
Click to expand...

If you lose money because our ATM or network is hacked (malfunctions) you are liable for your loss.

6.2.3 We shall not be liable to you for any damage or loss if any person gains unauthorised access to any information or data (whether correct or incorrect).
Click to expand...

This truly is legal nonsense. Those are the exact words on page 3, para 6.2.3 (I kid you not.) Bankers have paid lawyers good money to write this nonsense.

It makes no sense because the front and the back are not linked in any way. The information any person accesses is not linked to the loss you may suffer but the bank is still not liable.

For example: Some person gains unauthorised access to your neighbour's wife's birth-date, even if it is false information and has nothing to do with the loss you have suffered, Capitec are not liable in any way. SignThat!

To all the trolls who thought I should sign and take my card, like they did. Please tell me why you thought it was a good idea to sign those clauses?
 
W

Willy Strong

Expert Member
Joined
Aug 4, 2011
Messages
3,372
I think you're a fool, but I'll bite.

Most of the ones you'll need to prove to the bank that theft has happened. Hacked != malfunction.

/thread
 
T

technofool

Senior Member
Joined
Sep 7, 2008
Messages
587
simm_card said:
I think you're a fool, but I'll bite.

Most of the ones you'll need to prove to the bank that theft has happened. Hacked != malfunction.

/thread
Click to expand...

So a secure ATM network that is no longer secure is functioning OK? or maybe it's hacked?
 
Last edited:
T

technofool

Senior Member
Joined
Sep 7, 2008
Messages
587
simm_card said:
Do you have any type of insurance?
Click to expand...

I have no insurance that insures other people's problems. If the bank is hacked that is the banks problem. If I'm hacked that is my problem.

I'm glad you acknowledge that if a system is hacked it is no longer functioning properly.
 
Last edited:
DA-LION-619

DA-LION-619

Honorary Master
Joined
Aug 22, 2009
Messages
13,777
technofool said:
I have no insurance that insures other people's problems. If the bank is hacked that is the banks problem. If I'm hacked that is my problem.

I'm glad you acknowledge that if a system is hacked it is no longer functioning properly.
Click to expand...


Lmfao do you know what card skimming is? How is it the banks problem?
 
T

technofool

Senior Member
Joined
Sep 7, 2008
Messages
587
simm_card said:
Proof of such hacks? Anywhere?

Again hacked does not mean malfunction.
Click to expand...


Will proof affect the veracity of the argument in any way? It has no relevance here.

Malfunction does not mean hacked.

Hacked does mean malfunction. (that is the whole point of hacking)
 
Last edited:
W

Willy Strong

Expert Member
Joined
Aug 4, 2011
Messages
3,372
technofool said:
If you lose any money through skimming, theft, fraud, whatever ... we the bank are never liable, ever. Please sign.
Click to expand...

In all cases I've read or see, clients have been paid back if they can prove that theft has taken place.

technofool said:
If you buy anything we do not approve of, we can decline to pay and you have no recourse.
Click to expand...

If you go over your limit, we can decline to pay and you have no recourse.

technofool said:
If you do run out of funds the transaction will fail (duh) and we will charge you a fat penalty to make things worse.
Click to expand...

If you go over your limit, we can decline to pay and you have no recourse. We will charge you for not being good with money, so you might learn and go make multiple thread on the internet about it.

technofool said:
If any person can access, copy, clone, swipe, swap, etc. your card, you are always liable whether you authorised or not.
Click to expand...

I go into the bank and lie to them that a person has accessed, copy, clone, swipe, swap, etc. my card. I want my money back now.

technofool said:
If they hack our servers and gain unauthorised access to your account, you are liable for the loss.
Click to expand...

We've talked about this above.

technofool said:
If you lose money because our ATM or network is hacked (malfunctions) you are liable for your loss.
Click to expand...

This as well.
 
Creag

Creag

The Boar's Rock
Joined
May 19, 2009
Messages
43,527
technofool, are you a cousin or brother or related to ZCFOutkast?
 
T

technofool

Senior Member
Joined
Sep 7, 2008
Messages
587
simm_card said:
Ah ha, now you see how stupid it is to interrupt something incorrectly.

Check and mate.
Click to expand...

And now you see why I take the trouble to check instead of stupidly assuming something. Thank you for answering the question. Oh my bad, you didn't answer.
 
T

technofool

Senior Member
Joined
Sep 7, 2008
Messages
587
simm_card said:
Ah ha, now you see how stupid it is to interrupt something incorrectly.

Check and mate.
Click to expand...

I think of interruption as more rude than stupid. I don't know if interruption is ever 'correct' or 'incorrect' but maybe that is just me.
 
Last edited:
Thor

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
Lol here we go again both your previous threads was closed by a mod.

This one will follow
 
You must log in or register to reply here.
Top