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.