[e-gold-list] Re: New payment server, possibly useful for exchange providers

2002-05-15 Thread major bosco
Pretty Funny! This is pulled from their website: quote: Without storing the sensitive financial data of your customers who use Accosa, and allowing financial institutions to authenticate the buyer prior to transactions, your number of charge backs will decrease markedly. VISA claims that

[e-gold-list] Re: New payment server, possibly useful for exchange providers

2002-05-15 Thread Greg Broiles
At 03:42 PM 5/15/2002 +, major bosco wrote: Even when the Card issuing Bank AUTHENTICATES the user -- the Chargeback rate is only reduced by 50% !! Just goes to show how weak/ soft Credit Cards are. Why is this surprising? Chargebacks aren't only used in cases where the buyer's card has

[e-gold-list] Re: New payment server, possibly useful for exchange providers

2002-05-15 Thread G. Adam Stanislav
At 07:45 2002-05-15 -0700, [EMAIL PROTECTED] wrote: It sounds to me like they generate a one use credit card type number for you to use online that maps to a bank account, but I'm not positive. That's what it looks like. My first reaction: How long will it take before they run out of available

[e-gold-list] Re: New payment server, possibly useful for exchange providers

2002-05-15 Thread Patrick Chkoreff
From: [EMAIL PROTECTED] Hush provide the worlds most secure, easy to use online applications - which solution is right for you? Thanks for the Hushmail info. I particularly liked the High Level Technical Description at http://www.hushmail.com/about_hushmail/how_it_works/tech_description.shtml

[e-gold-list] Re: New payment server, possibly useful for exchange providers

2002-05-15 Thread uberhacker
At 07:45 2002-05-15 -0700, [EMAIL PROTECTED] wrote: It sounds to me like they generate a one use credit card type number for you to use online that maps to a bank account, but I'm not positive. That's what it looks like. My first reaction: How long will it take before they run out of