Ed Carp writes:
: > I wouldn't pass this along normally, but it seems to allow folks to use : > their credit cards at home securely. Bye-bye, First Virtual... ;)
Perry Metzger writes:
: I don't think its going to fly. No one wants to pay for an unneeded : $100 piece of hardware to encrypt the same credit card over and over : again, when a nearly zero marginal cost piece of software can do the : same thing.
Jeff Hupp writes:
I am not even sure it IS an encryption device. ...... It may just be a low cost? mag stripe reader...
Let's assume that it is an encryption device, though I agree that this is left unclear. This is by no means the first announcement of such a device. I suspect it is targeted at physical merchants, and intended more to compete with the likes of Verifone terminals than anything else. I doubt that anyone's basing their business plan on the idea that consumers will spend $100 each for a device that helps them to spend more money, but has no other direct utility. -- Nathaniel -------- Nathaniel Borenstein <nsb@fv.com> (FAQ & PGP key: nsb+faq@nsb.fv.com) Chief Scientist, First Virtual Holdings VIRTUAL YELLOW RIBBON==> http://www.netresponse.com/zldf