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Old 01-07-2003, 10:29 AM  
Rand
Industry Vet
 
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Join Date: Jan 2002
Location: Santa Monica, CA
Posts: 2,663
Quote:
Originally posted by Halcyon
With regard to the instant payout risk with the new FLASHCA$H program:
The system looks for a transaction history. So, we?re not going to pay instantly on the first signup of someone we?ve never heard from before. Because, you?re right, the risk would be huge.
But as soon as the system sees that the transactions you are generating are legit, you are assumed to be trustworthy and the money flows instantly.

http://www.flashcash.com/RealTimePayments
You can bet that they guys at FlashCash have thought this all through very carefully.

Congrats to them to taking "instant gratification" to another level.

---Rand
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