begin quoting Andrew Lentvorski as of Fri, Dec 01, 2006 at 07:14:14PM -0800: > Stewart Stremler wrote: > >begin quoting Andrew Lentvorski as of Fri, Dec 01, 2006 at 04:01:57PM > >-0800: > >>Stewart Stremler wrote: > >>>You'd use a smart card, issued by the credit card companies. > >>Personally, I would really like to see true smart cards here in the > >>states (ie. cash on card). It will never happen. Too many companies > >>adore the fees they get to charge here. > > > >Aside from the hygenic benefits, what's so nice about cash-on-a-card? > > Offline vs. online. Lack of replay attacks (must have card and generate > new transaction token). No chargebacks (good for vendor). Extra > indirection between criminals your accounts. Anonymity. Bunching of > microtransactions. Lack of fees.
D'Oh. Yes, I see what you mean. > They are not universally better than credit cards. They have different > strengths and weaknesses. Pick yer tradeoff. -- _ |\_ \| -- [email protected] http://www.kernel-panic.org/cgi-bin/mailman/listinfo/kplug-list
