[6050] in cryptography@c2.net mail archive
online debit ... nacha thing short excerpt from tomorrow's
daemon@ATHENA.MIT.EDU (Lynn.Wheeler@firstdata.com)
Thu Nov 11 17:28:10 1999
From: Lynn.Wheeler@firstdata.com
To: Robert Hettinga <rah@shipwright.com>
Cc: micropayments@elab.co.uk, micropay@ai.mit.edu,
Digital Bearer Settlement List <dbs@philodox.com>,
e-gold-list@free-market.net, dcsb@ai.mit.edu, cryptography@c2.net,
paypacket@harvee.billerica.ma.us, Fearghas McKay <fm@St-Kilda.org>
Message-ID: <85256826.00791744.00@lnsunr02.firstdata.com>
Date: Thu, 11 Nov 1999 13:54:10 -0800
Mime-Version: 1.0
Content-type: text/plain; charset=us-ascii
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>a private key to use in generating digital signatures with participating
>nternet merchants. The bank would attach a corresponding public key to the
>person's checking account and store it in a data base. When buying from an
>Internet site, the cardholder would use his ATM card number. Instead of
>entering a PIN, he would use the encryption key to digitally sign an
>electronic authorization form. The form, in turn, would be sent to the
misc. related AADS information at:
http://www.garlic.com/~lynn/
