Visa and MasterCard are planning to "simplify hated verification
systems" by moving from passwords to security codes on mobiles
and biometrics. Continuing their flawed insistence on verifying identity,
Visa and MasterCard will thus build a very personal picture of their
customers, from shopping habbits down to their cardiac rhythm.
Taler does not require a customer's identity to verify a payment, as the
payment system cryptographically verifies the coins. Thus, Taler does
not have to intrude into any personal detail of a citizen's life, and
certainly not their private medical data.