Your2ndPlace

Maybe they are the same, maybe not - but if the Global Credit System is not the Metacard written of here then someone simply isn't first.

The Metacard does seem to work differently than the Global Credit System - it requires merchants to accept the Metacard and they make it a point to say that they are waiving merchant fees for 6 months. Great. I love paying to accept money.

Its no secret that I am not a believer in credit cards much less virtual credit cards - but hey, I'm only one person. Maybe these credit card systems will pay off and we'll see people camping to pay their virtual credit card bills.

I'm tossing around the idea of whether accepting a virtual credit card would be worthwhile for myself and others. In the real world (brick and mortar), I know credit cards can be a real pain for merchants as far as fees. I wonder at systems that make both merchants and consumers pay, but then I'm not a high powered financial demigod. Or a member of the Metacard team, which does seem pretty transparent.

Of course, I probably wouldn't mind if everyone were paying me...

What will you do if your avatar gets a bad credit rating? I know what I would do...

It will certainly be interesting to see what happens with these credit card systems for Linden dollars - they are not real dollar credit cards from what I have read.

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