is Pokerstars safe for information?

Question

I used pokerstars and had multiple accounts (not for cheating) and was caught. They asked me for verification which I have. However, the form states
"a) The above details are valid and I am the owner of this
PokerStars account.

b) I have authorized all transactions processed using my
credit card(s) and/or accounts listed above initiated from
my PokerStars account.

c) I will honor all transactions made with the above
credit card(s) and/or account(s).


What does the last bullet mean? Does that mean I authorize them to use the cards as their will? Can someone clarify please before I send them this information? THanks

Answer 1

I really wouldn't worry about it. They are a very trustworthy company, and I've been dealing with them for around six years now.



They are basically trying to get legal proof that you owned the accounts, and used your credit card for the transactions. They don't want you to later contact your bank and claim that some of the accounts were not yours and then try to claim a refund on your card for fraudulent activity.



So you are essentially promising them that you are the owner of each account, and that you will not dispute any previous transactions.



This protects them if you did report fraud, they would then have this signed form to prove that they did not do anything wrong.

Answer 2

Many people will fund their accounts with check cards or the like, and the transaction will get approved but will not go through for several days. Occasionally, someone will take the money out of their account, so when Pokerstars tries to process the withdrawal, it will not go through. You are just agreeing that nothing like this will happen, and if it does, you will still make sure they get their money.



It's nothing sinister, and they are not going to go charging your credit card for something you did not authorize. Pokerstars is probably one of the safest companies you could work with online, and their reputation for honesty is above reproach.

Answer 3

Yeah. They're just setting it up so that if you load money with a fake credit card purchase of some sort that they actually get their money from you and you don't screw them. I don't remember how it's possible to do, but a guy I used to work with was telling me about how he did it and ended up owing a lot of money like 2 years later.



It's along the same lines as having no money in your checking account, placing an empty deposit envelope into the atm machine and entering in that it has $300, taking out the $150 or so in cash that it gives you credit for, and then never being seen again.

Answer 4

Is Pokerstars Safe

Answer 5

It sounds like a 'protect your password because anything that happens on your name is your fault' - type line.