[7403] in cryptography@c2.net mail archive
Re: Internetmoney.com
daemon@ATHENA.MIT.EDU (amir.herzberg@il.ibm.com)
Thu Jun 29 12:12:46 2000
From: amir.herzberg@il.ibm.com
To: richard@stiennon.com
Cc: "Trei, Peter" <ptrei@rsasecurity.com>,
"'cryptography@c2.net'" <cryptography@c2.net>,
"'cypherpunks@cyberpass.net'" <cypherpunks@cyberpass.net>
Message-ID: <C125690D.001EA77A.00@d12mta05.de.ibm.com>
Date: Thu, 29 Jun 2000 08:37:20 +0300
Mime-Version: 1.0
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Privacy isn't the only concern... notice this from their Q&A:
Where and with whom do I dispute suspicious or fraudulent charges?
If you need to dispute any purchase made with your iMC Card, you will
need to make those disputes with your credit card company or your bank
or investment broker.
Does iMC offer any kind of fraud protection guarantee?
Yes. iMC guarantees that you will not be held liable for any fraud
committed with your card by someone other than yourself.
My biggest problem with these schemes is that there are so many of them -
yet they are non-interoperable. Which means a buyer with account with
internetcash can't but from a merchant of internetmoney, etc... What we try
to provide is a technology that will allow multiple providers of payment
services to offer convinient and secure solutions - which interoperate.
Best Regards,
Amir Herzberg
IBM Research Lab in Haifa (Tel Aviv Office)
http://www.hrl.il.ibm.com
