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Re: Anonymous payment scheme

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In article <[email protected]>, you wrote:
>    From: [email protected] (Samuel Kaplin)
>
>    I was looking at at the bigger picture. Any merchant who accepts Visa or MC
>    could now accept anonymous payments. No hassle at all on their part.
>    [...]
>    The key
>    would be not to have the card attached to the account. If the card is
>    attached to any type of account, then there are reporting requirements.
>
> Visa was talking about an electronic traveller's check, which, from
> what I could tell, instantiated an account in the sum of the value of
> the card purchased, which was then drawn down by purchase.  The card,
> evidently, had no embossing on it.  Personalization was limited to
> some account id which would last the lifetime of the balance and then
> disappear.

This is EXACTLY what I was contemplating. I really wish they would
implement it. Then I can get the traveler's cheques out of my wallet.
(unsigned in both spots of, course.)

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