LocalTill - Revision history

Sgornick: Change to past-tense as shuttered along with BitFloor.

2013-04-18T07:04:14Z

Change to past-tense as shuttered along with BitFloor.

← Older revision		Revision as of 07:04, 18 April 2013
Line 1:		Line 1:
	[[File:Bank of America deposit to LocalTill.jpg\|320px\|thumb\|right\|Bank of America customer receipt for LocalTill cash deposit]]		[[File:Bank of America deposit to LocalTill.jpg\|320px\|thumb\|right\|Bank of America customer receipt for LocalTill cash deposit]]

	'''LocalTill''' is an anonymous merchant cash processing service based in the state of New York, that identifies deposits based on a unique code embedded in last digits of the deposit amount by adding a variable fee between 1% and 4%.		'''LocalTill''' was an anonymous merchant cash processing service based in the state of New York, that identifies deposits based on a unique code embedded in last digits of the deposit amount by adding a variable fee between 1% and 4%.

	~~For example, a 500 USD deposit with a merchant may require the user to deposit 509.21 USD at a bank, whereby "9.21" is interpreted as a unique identifier for the deposit.~~		Localtill was used by [[Bitfloor]] in the USA, allowing users to make cash deposits (towards bitcoin purchases) at [[Bank of America]] branches using an "out of state deposit" slip.

	Localtill is used by [[Bitfloor]] in the USA, allowing users to make cash deposits (towards bitcoin purchases) at [[Bank of America]] branches using an "out of state deposit" slip~~. Deposits are usually credited within 30 minutes, as long as they are made before 5pm Eastern Time~~.

	==Anonymity==		==Anonymity==
	LocalTill ~~does~~ not request any data identifying the user who makes the deposit. Bank of America ~~does~~ not ~~require~~ identification when ~~making~~ cash deposits, but CCTV footage is likely recorded~~. The bank teller may ask for a phone number "for reference", which is in actuality not used.~~		LocalTill did not request any data identifying the user who makes the deposit. Bank of America was not requiring identification when customers made cash deposits, but CCTV footage was likely recorded.

	~~==Fees==~~
	~~LocalTill's fee serves as a deposit identified and is generated randomly when requesting the deposit. It is possible to get lower fees by repeatedly initiating deposit requests~~.

Cryptal: Add image, create sections

2013-04-16T02:44:38Z

Add image, create sections

← Older revision		Revision as of 02:44, 16 April 2013
Line 1:		Line 1:
	~~'''~~LocalTill~~''' is an anonymous merchant~~ cash ~~processing service that authenticates deposits based on a unique code embedded in last digits of the~~ deposit ~~by adding a variable fee between 1% and 4%.~~		[[File:Bank of America deposit to LocalTill.jpg\|320px\|thumb\|right\|Bank of America customer receipt for LocalTill cash deposit]]

	~~For example, a 500 USD deposit with a~~ merchant ~~may require~~ the ~~user to deposit 509.21 USD at a bank~~, ~~whereby "9.21" is interpreted as~~ a unique ~~identifier for the deposit. No personal data is requested~~ of ~~the user who makes~~ the deposit.		'''LocalTill''' is an anonymous merchant cash processing service based in the state of New York, that identifies deposits based on a unique code embedded in last digits of the deposit amount by adding a variable fee between 1% and 4%.

	Localtill is used by [[Bitfloor]] in the USA, allowing users to make cash deposits (towards bitcoin purchases) at [[Bank of America]] branches using an out of state deposit slip. ~~No identification is required~~. Bank of America ~~tellers~~ may ask for a phone number "for reference", which is actuality ~~never~~ used.		For example, a 500 USD deposit with a merchant may require the user to deposit 509.21 USD at a bank, whereby "9.21" is interpreted as a unique identifier for the deposit.

			Localtill is used by [[Bitfloor]] in the USA, allowing users to make cash deposits (towards bitcoin purchases) at [[Bank of America]] branches using an "out of state deposit" slip. Deposits are usually credited within 30 minutes, as long as they are made before 5pm Eastern Time.

			==Anonymity==
			LocalTill does not request any data identifying the user who makes the deposit. Bank of America does not require identification when making cash deposits, but CCTV footage is likely recorded. The bank teller may ask for a phone number "for reference", which is in actuality not used.

			==Fees==
			LocalTill's fee serves as a deposit identified and is generated randomly when requesting the deposit. It is possible to get lower fees by repeatedly initiating deposit requests.

Cryptal: genesis

2013-04-15T07:54:17Z

genesis

New page

'''LocalTill''' is an anonymous merchant cash processing service that authenticates deposits based on a unique code embedded in last digits of the deposit by adding a variable fee between 1% and 4%.

For example, a 500 USD deposit with a merchant may require the user to deposit 509.21 USD at a bank, whereby "9.21" is interpreted as a unique identifier for the deposit. No personal data is requested of the user who makes the deposit.

Localtill is used by [[Bitfloor]] in the USA, allowing users to make cash deposits (towards bitcoin purchases) at [[Bank of America]] branches using an out of state deposit slip. No identification is required. Bank of America tellers may ask for a phone number "for reference", which is actuality never used.