[43402] in Cypherpunks

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Re: credit card conventional wisdom

daemon@ATHENA.MIT.EDU (Rich Salz)
Tue Nov 14 21:52:44 1995

From: Rich Salz <rsalz@osf.org>
Date: Tue, 14 Nov 1995 21:43:41 -0500
To: hallam@w3.org
Cc: cypherpunks@toad.com

>There is in fact a distinction between "card present" and "card not present"
>transactions. AMEX cards for example have an extra group of four digits which 
>are not part of the embossed card number. They are used as additional 
>verification to prove that a card is present.

So the run-it-through-the-mechanical-device is treated as card not present?
	/r$

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