Hi, I would like to find a bank or a privacy friendly payment method, not able to review every purchase I did.
I thought to several alternatives :
1° Find a bank explicitely dedicated to data privacy (names ?)
2° Open an account in a bank located in Switzerland as it’s the world strongest regulation for data privacy ? 3° Use a masked card or virtual number card ?
4° Find a data privacy friendly online payment platform (name ?)
5° Use crypto or cash lol ?
Any advise about these options ? Would you recommend other options ? Also I’m located in Europe if you know specific offers in the EU market related to that concern.
shortwavesurfer ( @shortwavesurfer@monero.town ) English8•1 year agoMonero
itsmect ( @itsmect@monero.town ) English2•1 year agoExactly. Monero, cash and precious metals are the only private payment methods, but Monero is the only one that works over the internet.
Gleddified ( @Gleddified@lemmy.ca ) English1•1 year agoCurrently the only 100% option.
If/when privacy.com ever expands beyond the USA that’ll be a significant improvement.
NullRiver ( @NullRiver@beehaw.org ) English6•1 year agoAssuming you’re in north america, there is no privacy respecting traditional bank. Use cash or monero if you want to hide your transactions
Drewski ( @Drewski@kbin.social ) 4•1 year agoCash, monero, prepaid visa cards.
ztb ( @ztb@kbin.social ) 3•1 year agomonero. shielded zcash is also an option.
roo ( @roo@lemmy.one ) English1•1 year agoWhat’s the drama over using crypto? (Not about OP specifically). I can donate crypto to Lemmy because they don’t see a drama, but other apps want my credit details. Honestly, I would rather take the crypto option than trust every business with my credit details.
Haakon ( @haakon@lemmy.sdfeu.org ) English1•1 year agoAll banks and bank-like institutions you might have access to will comply with the same anti money-laundering and know-your-customer regulations. It’s not really up to the individual bank to decide.
The “Swiss bank account” is largely a thing of the past, as they are forced into data-sharing agreements with the United States and possibly others. And even so, you need to be a Swiss national to qualify for a bank account there.
You can use cash as much as possible when it’s an option, of course. It’s less convenient, but privacy often is.
duckjjj ( @duckjjj@feddit.it ) English1•1 year agoNoob question: do you think that banks sell info regarding your/our transactions to third party?
scoobford ( @scoobford@lemmy.one ) English2•1 year agoMany do, or at least did a few years ago.
duckjjj ( @duckjjj@feddit.it ) English1•1 year agodo you have more info (articles) related to that? Just curios