NODE cfcbedeaRe: digital cash &c.
Jordan Hayes <jordan@Thinkbank.COM>Thu, 8 Feb 1996 12:03:54 +0800
> 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
NODE 9f4ddd76Re: digital cash &c.
Carlos Perez <carlos@Conrad.Harvard.EDU>Fri, 9 Feb 96 18:22:33 PST
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.