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>1. How to pay for stuff in the web in the same way you can pay with cash in the real world. This one is a bit easier. Prepaid credit cards are frequently acce
by Frost1x 6y ago
>1. How to pay for stuff in the web in the same way you can pay with cash in the real world.
This one is a bit easier. Prepaid credit cards are frequently accepted online and can be purchased with cash. The fees are a bit high as is but there's no reason merchants can't create more of these and likely even lower the prices.
Alternatively your CC provider could potentially act as a privacy guard by providing randomized rotating onetime transaction numbers as well, I know some pay services like Samsung pay do this to some degree already by creating virtual cards that require a third party to authenticate without giving your actual account, though I believe those virtual cards remain fairly static. With more potential entropy (large GUID), it seems reasonable you could rotate those on the fly.
- deleted 6y ago[deleted]
- syshum 6y agoUnfortunately PrePaid Credit cards are not widely accepted for many things, For example you can not use a Prepaid Credit Card to fund a PayPal account or a Patreaon Account. This is largely down to "Know your Customer" laws and the concern they will be used for Money Laundering
- kiddlethorp 6y agoMy wife's (Indonesian) bank only allows online payments using a randomly generated CC number. It seems pretty obvious, and I'm a little surprised it's not supported by my western country banks. (It's true, I don't know how many of these virtual card numbers exist. It may be that there aren't enough.)