From: Mike Fletcher <fletch@ain.bls.com>
Date: Thu, 30 Nov 1995 23:28:42 +0800
To: Patiwat Panurach <pati@ipied.tu.ac.th>
Subject: Re: VisaCash security.
In-Reply-To: <Pine.SUN.3.91.951130113539.3024C-100000@ipied.tu.ac.th>
Message-ID: <9511301505.AA04420@outland>
MIME-Version: 1.0
Content-Type: text/plain



	I think the Visa stuff is basically stored value and 
rechargeable smart cards, not really ecash type money.  Supposedly
you'll be able to get a card with $10 or $20 on it and all the
vending machines and phones around the Olympic venues will be set
up to take the cards.  So to answer your questions, no it's not really
digital cash (like ecash); and yes I think it's probably traceable
to some extent (unless you buy stored value cards w/paper cash).

	First Union, the bank selling the cards, has a page on them:

http://www.firstunion.com/visacash/

	Low on the technical info, but they give an address to mail
questions to.

---
Fletch                                                     __`'/|
fletch@ain.bls.com  "Lisa, in this house we obey the       \ o.O'    ______
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