17 Dec
2003
17 Dec
'03
11:17 p.m.
From: skaplin@skypoint.com (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. Eric