Science, asked by lovkumargupta, 11 months ago

why do ATM cards are credit cards have expiry dates​

Answers

Answered by bunny152407
3

Answer

Fraud prevention. The major networks (Visa and MasterCard) mandate that issuers (your bank or credit union, for example) put expiration dates on credit and debit cards. They're meant to serve as one more data point that needs to get verified before a charge goes through.

Answered by prabhatraiazm
2

Answer:

For stoping fraud works it is necessary to have a expiry date like a medicine and human have.

Explanation:

Because many people needs to stole the ATM and credit card for their fare . This rule is given by the government to the banks that at every day 1thousand cads should be expired . To prevent fraud with the people and bank.

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