Quote:
Originally Posted by RayBonga
...If you don't like the idea of sending extensive detailed personal information to an internet offshore company (epass) you have no real option. As someone mentioned I would love to see some serious banks starting offering similar services... I thought mastercard was developing something a while back but never heard about it again.
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One's information is probably as safe with ePass as it is with PayPal, or even many major banks, that also offshores its back operations.
In particular, PayPal asks many people to submit much of the same info (scans of driver license, utility bills, bank statements, etc) as ePass does; sent to India and who knows where else. No escaping globalization in the money system other than using cash / barter instead.
To digress somewhat, even using a small community bank / credit union is no guarantee of information privacy, since most of them use one or more 3rd party systems, many of which utilize offshore labor, such as for verifying new customers, generating bank statements, managing on-line banking, etc.
Ron