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with pin + chip cards debit/credit cards are 100% push for physical transactions. for online transactions almost every single provider offers one time use card
by querulous 9y ago
with pin + chip cards debit/credit cards are 100% push for physical transactions. for online transactions almost every single provider offers one time use card numbers
the push/pull problem has been solved for a decade, and not by bitcoin
- Klathmon 9y agoIf there is an option for pull transactions, it will be abused. Even if I push my money to you, you have my address that you can pull from later if you want.
- ascagnel_ 9y agoTwo problems with this line of argument: A one-time use CC# by nature can't be abused. And any merchant that attempts to issue fraudulent charges starts to run into legal and regulatory frameworks that issue punishments to anyone who has repeat violations. Punishments that range from being kicked off of a payment processing system all the way up to jail time.