Why Credit Cards Are Safer Than Debit Cards

This NYT article looks at the risks of using credit cards, debit cards and payment services like PayPal when you make online purchases. Here's what it says about debit cards as compared to credit cards:

Using debit cards online is a bit riskier. These transactions, which draw directly from your bank account, are subject to a different federal law, the Electronic Fund Transfer Act. This law provides considerable protection from liability, but the level of protection diminishes as time passes.