PRESS RELEASE – New Smart Mobile Service Assists In Reporting Lost Credit Cards

11Apr09

FOR IMMEDIATE RELEASE

New Smart Mobile Service Assists In Reporting Lost Credit Cards

BRUSSELS, BELGIUM – 04/11/09 – With the public introduction of a new top level domain (TLD) in the past week going under the name .TEL the internet and the mobile web have evolved into a new era. By allowing sending and retrieval of data much faster, and more direct way by storing website information directly into the DNS, in comparison of data retrieval through a webserver, mobile telephones are now capable of retrieving data instantly from the web.

While the latest generation of mobile phones such as Iphones and Blackberries are equipped with browsers to surf the web they lack in supplying people with a fast; reliable and smooth experience to get that piece of information which is needed at a certain time. When people are not sitting comfortably behind their desktop where they can take the time to first perform a Google search, then browse to a website, waiting until it loads, start navigating until they reach the required information, 5 to 10 minutes will have past. They didn’t have much of an alternative except to wait. In many situations waiting doesn’t harm, if you need to lookup something or contact somebody there is no time pressure involved. In some cases however it is important to get the information you need fast without much hassle in an easy and direct way and this becomes now possible thanks to the new technology offered by the .TEL platform.

CANCEL.TEL is a new service that has been called into life to assist the public with a new free to use web and mobile service to report the loss or theft of credit cards takes full advantage of the .TEL platform technology. Because data can be retrieved at the speed of light through a mobile device, CANCEL.TEL can be used by anyone anywhere on the planet if they need it. On the web www.cancel.tel appears like a very basic and easy to navigate webpage, there are no pictures or graphical outlays which is a quality of the .TEL technology. On your mobile device CANCEL.TEL deploys itself as an incredible smooth, easy to navigate tool that works the way you expect it (link to demonstration video at bottom of article) and allows you to call your credit card company to cancel your card with the click
of a button. Yes that is correct, with the click of a button,the only thing people need to remember is a word, not a phone number, just typing in the word CANCEL on your mobile will instantly put you through with your card company 24 hours per day, 7 days per week no matter where you are.

For decades credit card companies have been hammering their customers that in case you lost your credit card or it got stolen to immediately report it and call them so they can cancel your card in order to reduce your liability. For card companies the reason to stimulate their customers to report card loss or theft to them fast is because this reduces the chance of abuse. Credit card fraud is costing enormous amounts of money each year to card companies so they have every reason to stimulate their customers to promptly report a missing card. People have every reason the promptly report a missing card to decrease liability.

From the moment somebody went shopping with you credit card during the timeframe you lost it and reported it stolen, money has been spent and somebody has to pay those bills. When this happens, even if your card company will refund you the stolen money eventually after they investigated your case, after you had to fill in all kinds of forms, after you had to call them several times and meet their representative, and after the credit card company verified with themselves that you did everything you could do to inform them fast and you have acted in
a responsible way then you can expect to see that money refunded to you. Such event will cost you a lot of wasted time, perhaps financial problems if large amounts of money are involved. To put it short lots of hassle that nobody needs. If your card was in fact stolen thieves know you will cancel your card when you notice it’s missing, so in most cases a thief will act fast and start spending with your credit card from the moment he sees opportunity. As you can see there is almost a race between card holder and abuser and this is the point where it’s crucial to report the loss of your card fast to avoid problems or financial loss.

When you are at home or in a trusted environment and notice your credit card or wallet is missing you have all kinds of means at your disposal to reach your card company. You can look them up in the yellow pages, search for their site on your pc but in most cases you will not be in the comfort of your home or office. People don’t lose their wallets or purses at home, they lose them on the road, during shopping or travelling. When you are on holiday, hours away from home, on a day trip or on a Saturday afternoon shopping spree, you don’t have a computer or phonebook
under your arm at that point. When you just noticed your wallet is missing you also have a lot on your mind and that is where CANCEL.TEL comes in handy for people. After going over the things you just lost, your wallet; cash; documents; credit cards you know that the first thing you have to do is to inform your card company in order to get your credit card(s) cancelled. You don’t have to think anymore on how to get the phone number or lose time trying to find a phonebook. You just use the word CANCEL to go to http://cancel.tel with your mobile and with a single touch of a button you are connected with the issuer of your card, no matter where you are, no matter the hour of the day. This new free innovative service will assist and help you to avoid all kinds of hassle, potential loss of money and get you a plus from your card company for being responsible.

“While dot-Tel domains were intended to store contact information for people and companies we followed a different direction, by mixing ideas in a strange way suddenly all these parts came together and CANCEL.TEL was there. The site looks so basic but that is just its strength, anyone can use it from either the web or a mobile device, it’s easy to use, it’s fast, it helps people and it’s there if they need it. The word CANCEL will help people so by making it a free public service beneficiary to anyone.” according to one of the creators of the website.

If you remember only 1 word of this article remember the word CANCEL it might prove to be very useful to you the day you lost lost your credit card.

Additional Information

Demonstration video: http://www.youtube.com/watch?v=OucbqWtH6kk

Website: http://www.cancel.tel

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