Re: USA Today on Fear of Credit Cards over Net

"Perry E. Metzger" <perry@piermont.com> writes:

Re: The risk of credit cards.

I suppose that indeed there are large risks elsewhere in the credit card system. However, I think that the credit card system itself is stupid and insecure and ought to be scrapped -- sending around account numbers as magic keys to get payment is a stupid move. Its not suprising how large credit card fraud is.

Hence the fast growing popularity of those cash cards. -- WebCasters(tm) James C. Grubs jgrubs@left.webcasters.com 6817 Maplewood Avenue Tel.: 419-882-2697 Sylvania, Oh 43560 Fax: 419-885-2814 Internet consulting, HTML programming, Information brokering