No Subject

owner-cypherpunks at toad.com owner-cypherpunks at toad.com
Sat Feb 10 20:50:13 PST 1996




On Wed, 7 Feb 1996, Jordan Hayes wrote:

> 	> it _is_ anonymous ...
> 
> And then:
> 
> 	> can be refilled at ATMs
> 
> You make a deposit or something?  How does the transaction clear?
> When they finally look in the envelope, they credit the card?
> 
> Or do you mean just 'anonymous' between the user and the merchant?
> 
> /jordan
> 

sorry i wasn't clear: it is anonymous between the user and the merchant, 
and between the user and the card distributer (in this case Visa). 
"Refilling" at ATMs is essentially a download of "cash" from your bank 
account into the card.






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