From: owner-cypherpunks@toad.com
Date: Sun, 11 Feb 1996 12:50:13 +0800
Subject: No Subject
Message-ID: <QQacgw17758.199602100643@relay3.UU.NET>
MIME-Version: 1.0
Content-Type: text/plain




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.