Replying to Avatar Juraj

Quick question about the payment surveillance networks. When I pay by credit and debit card, the issuer of course knows where I paid - in many cases even the location. But the question is - in the payment protocols (not only visa/mc, but apple pay, Google pay), is the name or other information communicated to the merchant? Either during the payment or later during settlement?

Of course when I pay online, the name of cardholder is usually a mandatory field, but what if I pay for parking for example in person, or a restaurant, ...

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Yaƫl 1y ago

a reminder that FATF wants to force card networks to maintain records of financial transaction data, and much more. Card networks are actually very opposed

https://www.fatf-gafi.org/en/publications/Fatfrecommendations/R16-public-consultation-Feb24.html

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