Credit Card to eCash

Jonathon Blake grafolog at netcom.com
Sun Jul 21 22:58:22 PDT 1996


	Myers:

On Sun, 21 Jul 1996, Myers W. Carpenter wrote:

> 	What would be the problems in setting up a web site to make a
> charge to a Credit Card/ATM card number and return Cash, like an ATM for
> the net?

	Eight to ten years, I think.  It is called money laundering.

	AFAIK, that was the major legal hassle, when it was first 
	done. << OK, so it was on a BBS, not the internet.  >>

	Getting people to use it is the other major problem.
	
        xan

        jonathon
        grafolog at netcom.com


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