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MONEY STARTING TO TALK ON INTERNET : CREDIT CARD NUMBERS FLYING DESPITE FEARS.


Byline: Evan Ramstad Associated Press Associated Press: see news agency.
Associated Press (AP)

Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world.
 

Like many people who go on-line, Jordan Truesdell thought buying something on the Internet was risky.

Three weeks ago, he did it anyway, sending his credit card number into the unknown of cyberspace Coined by William Gibson in his 1984 novel "Neuromancer," it is a futuristic computer network that people use by plugging their minds into it! The term now refers to the Internet or to the online or digital world in general. See Internet and virtual reality. Contrast with meatspace.  as he charged several hundred dollars to reserve hotel rooms through an Internet service called TravelWeb.

``This is the first time I'd actually purchased something on-line,'' said Truesdell, an engineer in Laurel, Md. ``Once (the software) says I'm in a secure area, and because I'd read the background of TravelWeb, I felt fairly comfortable sending the information.''

From airplane reservations to computer equipment to Olympic tickets, it seems the Internet is no longer just for window shopping (jargon) window shopping - A term used among users of WIMP environments like the X Window System or the Macintosh at the US Geological Survey for extended experimentation with new window colours, fonts, and icon shapes. .

The increase in Internet shopping runs counter to skeptics who see the network as unsafe for financial transactions. The fear has been that a crafty programmer could somehow snatch a credit card number from the infinitude of data zipping around the global network.

But some people have reasoned that the risk is no greater than that of a telemarketing telemarketing, the practice of selling goods or services to customers by means of the telephone or of surveying consumer preferences in telephone conversations.  operator or a waiter swiping their numbers. And even if something did happen, many people know that federal law caps an individual's liability in credit card theft at $50.

``The fears about credit card numbers on the Net haven't moved me that much since I give my credit card to people in restaurants all the time and they take it out of my sight, where I can't see what they're doing with it,'' said Dave Hatunen of Daly City Daly City, city (1990 pop. 92,311), San Mateo co., W Calif., a suburb of San Francisco; inc. 1911. Daly City is primarily residential, its population having grown significantly since the 1970s. , who recently bought plane tickets to London on another Web service called Travelocity.

That service, owned by the Sabre unit of AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12.  Corp., accepts telephone and on-line orders for all kinds of travel services. But executives did not have a breakdown between them.

TravelWeb, which handles only hotel reservations on-line, had just over $500,000 in bookings last month, its fourth in operation.

Gateway 2000 Inc., one of the nation's largest personal computer makers, has sold several thousand models from an order form put on its World Wide Web site earlier this year.

Amazon.Com of Seattle sells several thousand books a day from its Web site. Over 80 percent of its customers complete the transaction on-line instead of calling the company's toll-free line to give their credit card number.

The Atlanta Committee for the Olympic Games Olympic games, premier athletic meeting of ancient Greece, and, in modern times, series of international sports contests. The Olympics of Ancient Greece


Although records cannot verify games earlier than 776 B.C.
 made tickets to this summer's events in Atlanta available on the Web on March 23. It has since sold 47,500, each requiring a credit card number.

People who watch Internet behavior closely have noticed the change.

``We are seeing an almost complete turnaround,'' said Michael Wolff This article is about the musician. For the Missouri judge, see Michael A. Wolff.

Michael Wolff (born September 19, 1954 in New Orleans, Louisiana) is an American jazz pianist, composer, and actor.
, whose New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 company publishes the NetGuide book series. ``There is a perception that technology has improved and the security is there. And it's also the fact there is so much out there for sale and so the compulsion to buy is growing.''
COPYRIGHT 1996 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:BUSINESS
Publication:Daily News (Los Angeles, CA)
Date:May 27, 1996
Words:480
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