-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 From: <[EMAIL PROTECTED]>
> http://planetgold.com > > another "must-read" interview! Eric Gaithman casts a critical eye on dollar-based payment systems such as PayPal, E-Money Mail, C2IT, and Ecount. I understand the problems with PayPal, but was not aware of any problems with c2it and ecount. Eric says that all of these payment systems fail to complete due diligence on their credit card orders. I'm not so sure about that. When I fund my Ecount, I must pass two tests: 1. I must use a credit card with the same billing address as the one used with the online account. 2. I must supply the 3-digit "CVC2" number on the back of the credit card. If someone physically steals my credit card, test (1) will prevent them from using it with an arbitrary Ecount. Also, Ecount will not allow them to create a new ecount with the same billing address as mine. If someone merely grabs my credit card number, but I retain physical possession of the card, then test (2) prevents them from using that card number because they don't know the CVC2 number. I don't see the problem with ecount. Perhaps Eric could illuminate the dangers a little more specifically. Also, Eric did not mention Yahoo PayDirect as a credit card scam problem. Are they somehow more stringent than ecount, or would you consider them a risk too? Are ALL credit-card funded payment systems just inherently "scam attractors"? - -- Patrick -----BEGIN PGP SIGNATURE----- Version: PGPfreeware 7.0.3 for non-commercial use <http://www.pgp.com> iQA/AwUBPHJkMVA7g7bodUwLEQIAEwCgzKmuvykynnPWBzXWE4FAfErolgQAoN4y c0G4PhKvIRcq5xzleNCv+I/F =efRM -----END PGP SIGNATURE----- --- You are currently subscribed to e-gold-list as: [email protected] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
