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To: g_w_north who wrote (67710)1/14/2002 4:04:40 PM
From: ptannerRead Replies (1) | Respond to of 275872
 
re: smartcards

I got a Blue card from American Express in part because it came with a "smart chip" and a card reader for assistance in secure internet transactions (not that I worry about this). However, the USB smartcard reader doesn't work with Win2K so it has sat in its box for over a year now. This feature is much more limited than the cash on a chip concept.

-PT

ps: I haven't yet bought a soda with my cell phone but think this micro-payment scheme will be interesting to try sometime... I can just see explaining it to my 4-year old child! "You want a soda? Just a second, let me call the machine..." Of course when she is 6+ (?) this will all be old stuff.



To: g_w_north who wrote (67710)1/14/2002 8:50:04 PM
From: Bill JacksonRespond to of 275872
 
gw, A micro transaction scheme needs to have a very low min charge.
Visa is 25 cents to 35 cents(varies with providers plus 2-4% of the ticket. Of course that is crdiut and these smart cards will be stored cash based. In that case one hopes they will make not charge as you spend the small amount, but just hit you at the level where you fill it up.
Any charge like 10 cents will kill it for Soda and what seller will give up 10 cents of his $1 to allow pwople to buy a soda.?

Bill