Now THAT’S Inflation

Reports are flying around the Internet about people using their VISA debit cards and seeing errors on their billing statements for charges of $23,148,855,308,184,500.  That’s 23 QUADRILLION dollars.  For perspective, that’s:
Debit card

Of course, the additional $15 overdraft fee looks puny in comparison.

That’s a pretty serious software bug and one that will cost VISA a lot of time and credibility to fix.  They’ve already indicated that the charges and the additional fees will be removed.  But in the mean time, some VISA holders are stuck with very empty bank accounts (these were debit cards, so they were directly tied to the card holder’s bank account).

Debit MachineBack in October, I wrote about what to do when things go very wrong – when catastrophic bugs get through the testing net.  It’s not clear if VISA did or did not have fail safes in place, but some of them could have been:

  • A real limit on spending – nobody is putting 1,600 times the US GDP on their debit card.  If they did, perhaps you ought to call them first.
  • Automated checks on retailer vs. purchase amounts.  One of the links above was for someone buying something at CVS – an American drug store.  What’s the most that anyone would spend at a drug store?  A few hundred dollars?
  • Banks actually own the accounts for the customer, not VISA.  Their systems should have rejected this as well.  If a card holder really is buying a few million space shuttles, then I doubt they’re going to care about that punitive overdraft fee.

Were you hit by the $23 quadrillion error?  What were you buying?

Essential Guide to Mobile App Testing


  1. says

    Hello, always i used to check weblog posts here in the early hours in
    the daylight, because i love to find out more and more.

  2. says

    Hmm it looks like your website ate my first comment (it was extremely long) so I guess
    I’ll just sum it up what I submitted and say, I’m thoroughly enjoying your blog.
    I too am an aspiring blog blogger but I’m still new
    to everything. Do you have any tips and hints for newbie blog writers?

    I’d certainly appreciate it.

  3. says

    I just like the helpful info you provide in your articles.
    I’ll bookmark your blog and take a look at again here regularly.
    I’m rather certain I’ll be told a lot of new stuff proper right here!
    Good luck for the next!

  4. says

    Wow that was odd. I just wrote an incredibly
    long comment but after I clicked submit my comment didn’t show up.
    Grrrr… well I’m not writing all that over
    again. Anyhow, just wanted to say wonderful blog!

  5. says

    Acceleration is a fast growing start-up which is having their ERP Web solutions for Education, Finance & Hospitality domain.

    Recently they have started with training modules for Dot Net / JAVA / PHP technologies & Android / Windows 8 Framework application development. Good opportunity for 6

    Week / Internship program for all Engineering & MCA.
    They are Industry professionals to train & get you prepared for IT Job Interviews. The Good part is they have seperately added a interview preparatory technical

    programs to get you qualify in any IT interview.

    Add-Ones for training profile: –

    –> Technical Leaders & Managers from Industry to train
    –> Live project development Exposure
    –> Valid Pvt ltd company experience
    –> 100% Job Assistance
    –> Personality Development Sessions + Resume Writing Tips
    –> Free Mock Tests for written exams for Interview Cracking

  6. says

    Great blog! Do you have any tips for aspiring writers? I’m hoping to start my own website soon but
    I’m a little lost on everything. Would you propose starting with a
    free platform like WordPress or go for a paid option?
    There are so many choices out there that I’m totally confused ..
    Any ideas? Kudos!

  7. says

    You are so interesting! I do not suppose I have read a
    single thing like that before. So great to find somebody with a few unique thoughts on this
    issue. Seriously.. many thanks for starting this up. This site
    is something that’s needed on the internet, someone with some originality!

Leave a Reply

Your email address will not be published. Required fields are marked *