Hacker News new | ask | show | jobs
by slg 1653 days ago
> I get that Privacy is obligated to gather certain financial information for regulatory purposes and fraud prevention, but it feels like I'm widening my attack surface providing that info.

This feels like a "you always become what you once hated" situation. Privacy.com was supposed to keep our private data private. With this change there is no way to use Privacy.com without providing even more private data.

This really should have been a choice for users. Do you want privacy or better compatibility? Considering Privacy.com's userbase and their freaking name, I would guess many users would choose privacy over that extra functionality.

1 comments

The name "privacy.com", while impressive as a domain name has always kind of confused me. As far as I'm concerned it's a service that protects against credit card theft, privacy unchanged.

With modern fraud prevention and financial regulation, we simply cannot expect actual privacy with payments or really any finance.

When I use a regular credit card to buy something, do Google/Facebook/etc end up being able to link the purchase to my identity to market to me etc? I figured that was the privacy part.

I agree that as a potential customer my main interest is about credit card theft/abuse.

(This does make me wonder if they are mis-marketting focusing on privacy, instead of controlling damange of credit card theft, and sketchy merchants who charge you reoccurring charges you didn't realize/have trouble canceling, etc. That's my interest).

I guess the non-secret parts of the card number can totally be cross referenced with others merchants you've shown the card, but an online purchase very often also has a name and address so your identity is already out the window.

Also fraud detection systems will often track the type of purchases associated with a particular card number, to detect anomalies. So I suppose your privacy is somewhat protected from that, but the e-commerce sites probably already know who you are.

Part of the "privacy" part is the fact that privacy transactions accept any billing address.