Amex Has Disposable Answer for Web Privacy
American Banker (09/08/00) Vol. 2, No. 4 p.1; Souccar, Miriam Kreinin

American Express' new product, Private Payments, will enable Amex customers to buy products online without having to enter their account numbers. The product will be free to consumer and small-business cardholders roughly a month from now. Another "disposable" credit product for online payments is the O-card from Ireland's Orbiscom. The O-card has been licensed by Allied Irish Bank as well as some major U.S. banks and has been in testing with Visa and MasterCard.


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