Meet Privacy, a new startup with a ambagious name but an absorbing product. Privacy lets you accomplish a basic burner agenda every time you charge to access your acclaim agenda cardinal on the web. Your absolute acclaim agenda cardinal stays safe, and you get added ascendancy over your online subscriptions.
Privacy works with a Google Chrome browser extension. Afterwards installing the extension, a tiny Privacy figure will arise aing to a acclaim agenda anatomy back it’s time to pay. Back you bang the on, the addendum automatically generates a new basic Visa debit agenda accurately for this website.
Behind the scene, Privacy connects with your coffer annual so it can abjure money from your coffer account. Right now, Privacy works with the big American banks (Bank of America, Citibank, Chase, Wells Fargo), as able-bodied as a scattering of others. Privacy additionally has an iOS app in case you’re not in advanced of your computer.
There are four key appearance that accomplish Privacy useful. First, it’s added defended than application your absolute agenda on the Internet. If you’re acclimation a new fishing rod from bestfishingrodever.com, you ability appetite to use an another acquittal method. That’s how PayPal became acknowledged in the aboriginal place, but not every website accepts PayPal — and maybe you don’t appetite to use PayPal anyway.
Second, Privacy works with subscriptions. Two years ago, I bethink subscribing to nytimes.com because they beatific me a promo action with two months for $5. Immediately afterwards signing up, I noticed that if you appetite to unsubscribe, you accept to alarm The New York Times’ chump account (and no, this isn’t accident in 1998). With Privacy, you can aloof attenuate your basic agenda and The New York Times can’t bill you again.
Third, the account is free. The aggregation makes money by processing transactions. Every time a acquittal processor accuse a card, it gives a baby cut to Visa, and a baby allocation of this cut goes to the agenda issuer — in this case, Privacy. It’s a aggregate play, but it looks like Privacy has a baby team.
Finally, a Privacy burner agenda works with any announcement address. If you don’t appetite to accord your absolute abode or name to Netflix for instance, Privacy lets you do that. And if you do that, Edward Snowden will be appreciative of you.
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