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Privacy – Forget Your Credit Card

privacy.com

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Re: Privacy – Forget Your Credit Card

#201

Post by bluejekyll »

A problem I experienced with temporary card numbers is when you need that credit card number again to refund back a purchase if it was needed (out of stock, wrong thing, returns, etc).

I remember having a lot of trouble with the vendor because of this, so I stopped using them. Does this deal with that in some way?

Re: Privacy – Forget Your Credit Card

#202

Post by seanp2k2 »

reagan83 wrote: post #187
adrianmacneil wrote: post #175

Earlier quoted context omitted.

How much did you guys pay for that domain? :)

Also interested in this - you have an amazing domain name.

Considering someone wanted 4 mil for [my fairy common first name].com a few months back when I was trying to get it, since I noticed that it has been parked for a while after the other guy who ran a neglected personal blog on it for years would never answer my emails, I would estimate quite a lot.

Re: Privacy – Forget Your Credit Card

#203

Post by ball_of_lint »

wfunction wrote: post #87
boling11 wrote: post #4

Hey HN - Privacy.com co-founder here. I'm really excited to share what we've been working on for the past year and a half or so. We've been neck-deep in payments stuff on the card issuing side (getting a BIN sponsor, ACH origination, etc), so happy to answer any questions on that front as well. P.S. For new users, your first $5 donation to watsi.org is on us :)

I had a general question about card numbers. Say there are 3E9 people on Earth, each with 3 cards. That's around 10 digits right there. There's 1 digit for checksum. I imagine you'd want to leave space for least 1000 financial institutions around the world, so that's another 4 digits. Which means you can only have 100 transactions per person. None of this takes into account the fact that the same people are issued wa…

This actually wouldn't be much of a problem for privacy because they could just have x different cards and cycle them through and just keep very good books on who got what.

Re: Privacy – Forget Your Credit Card

#204

Post by kobayashi »

dsl wrote: post #48
jasode wrote: post #36

Earlier quoted context omitted.

>ran into issues of being flagged as prepaid or single use cards I generate Citi's virtual credit card numbers every month for numerous online shopping payments and I haven't run into issues. It seems that it's not possible to determine if a card is a virtual number by parsing the digits.[1] Do you have other information stating that merchants know how to reject virtual cc numbers? [1]"As there is no way for a mercha…

Citi and BOA get away with it because they can allocate out of a large pool of BIN numbers that are otherwise regular use debit/credit cards. These guys will have to figure out how to get a similar "mix" to avoid being flagged as prepaid/single use. This was the issue that ultimately caused PayPal to kill the service they had that was almost exactly the same as Privacy.com.

Why do vendors want to block single-use CC numbers?

Re: Privacy – Forget Your Credit Card

#205

Post by Laaw »

carapace wrote: post #174
boling11 wrote: post #4

Hey HN - Privacy.com co-founder here. I'm really excited to share what we've been working on for the past year and a half or so. We've been neck-deep in payments stuff on the card issuing side (getting a BIN sponsor, ACH origination, etc), so happy to answer any questions on that front as well. P.S. For new users, your first $5 donation to watsi.org is on us :)

I browse with JS disabled and your site is just a blank page for me.

Should probably turn JS on, then, if you want to browse the modern web.

Re: Privacy – Forget Your Credit Card

#206

Post by boling11 »

bluejekyll wrote: post #201

A problem I experienced with temporary card numbers is when you need that credit card number again to refund back a purchase if it was needed (out of stock, wrong thing, returns, etc). I remember having a lot of trouble with the vendor because of this, so I stopped using them. Does this deal with that in some way?

Yup - you can grab old numbers from your dashboard or iOS app (coming soon pending approval).

Re: Privacy – Forget Your Credit Card

#207

Post by callumlocke »

clay_to_n wrote: post #159
callumlocke wrote: post #143

Earlier quoted context omitted.

The point is they can't charge you again. I'm struggling to see what you are getting at here.

Depending on the service, they may send collections after you, and you may be legally obligated to pay. Gyms do this.

That's well outside of what is commonly understood by "one of those pesky free trials". That's some other contract that someone would have to have agreed to.

It would be very hard to convince a judge that you honestly believed, based on reading that slogan, that Privacy.com would somehow release you automatically from any terms of any contract you might sign that happens to involve a trial period.

Re: Privacy – Forget Your Credit Card

#208

Post by narrowrail »

sundvor wrote: post #164
soneca wrote: post #89

Is that something that new? My bank (Itaú, in Brazil) offers this option for some time now. Here(in portuguese): https://www.itau.com.br/cartoes/cartao-virtual/ Or am I missing something? Edit: They launched it in 2002: http://exame2.com.br/mobile/tecnologia/noticias/itau-agora-t... Edit2: Sounds new in the US. This is not supposed to be a bragging/snarky comment. Just genuinely surprised as innovation usually come t…

Yeah, the TWiET podcast made a big deal recently about how chips are finally making their way to their cards. I couldn't help but laugh. IIRC, Norway had those since the late 80s. And in Australia, Paypass/Paywave is near ubiquitous now. I think the US is way behind in their banking infrastructure.

I used to work at the largest merchant acquirer in the US and it's funny to see people claim these features just now making it to the US were signs of innovation lacking within the US. However, the reason these features were necessary outside the US is because the risk model was more severe outside the US; there was no need to implement them here. I have a presentation from Mastercard somewhere from 2006 that showed the dates for mandatory chip&PIN around the world the didn't include the US b/c we didn't need it. At the same time, I had flip phones on my desk from Motorola and Samsung with NFC integrated.

Edit to add: This is not a tech issue, it is politics and the like.

Re: Privacy – Forget Your Credit Card

#210

Post by boling11 »

adrianmacneil wrote: post #175
boling11 wrote: post #4

Hey HN - Privacy.com co-founder here. I'm really excited to share what we've been working on for the past year and a half or so. We've been neck-deep in payments stuff on the card issuing side (getting a BIN sponsor, ACH origination, etc), so happy to answer any questions on that front as well. P.S. For new users, your first $5 donation to watsi.org is on us :)

How much did you guys pay for that domain? :)

We didn't pay any cash.

It's a long story, but there's probably a good blog post in this.

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