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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
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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