We ought to be able to give a label to a transaction we make on line, such as places like Ebay, that allows us to rapidly know what that charge is when we see it on our Credit Card Financial statements such as Paypal Etc.
It would eliminate fraud and waste.
For example you buy a circular saw or a battery for a specific cell phone you ought to be able to add that label at the time of the transaction.
Anything less amounts to a framework that facilitates fraudulent banking and a credit crisis.
Thomas Paul Murphy
Copyright 2015 Thomas Paul Murphy