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Comment by icepat

1 year ago

I knew a guy who worked in Finance. Whenever he would buy alcohol, or cannabis (legal where I lived) he would only pay cash. His concern was that, if his credit card usage data were sold, it could increase his premiums.

That's why I buy my liquor at the gas station, on the same tx as the gas.

  • The credit card company could access subcategories of your purchase. It would make sense for them to do that to track you

    • Itemized receipt data is not transmitted to the network or to the issuing bank.

      Some merchants have multiple registers for the sale of different types of products, but generally if you receive only one receipt for your full purchase, it will be recorded under the category code for the merchant's primary business.

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