USA Today on Fear of Credit Cards over Net

Jim Grubs W8GRT jgrubs at left.webcasters.com
Thu Sep 21 07:18:16 PDT 1995


"Perry E. Metzger" <perry at 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. 


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