[3137] in cryptography@c2.net mail archive
RE: DES Applicability Statement for Historic Status
daemon@ATHENA.MIT.EDU (Lewis, Tony)
Mon Aug 3 21:53:21 1998
From: "Lewis, Tony" <tlewis@visa.com>
To: wsimpson@greendragon.com
Cc: cryptography@c2.net
Date: Mon, 3 Aug 1998 18:00:14 -0700
William,
I am not on this distribution list, however, someone forwarded your
draft to me and questioned the $320 figure you used. Average amounts for
consumer transactions depend on the type of transactions you are looking
at, but for the most part, I would say that figure is inflated.
For the four quarters ending in March, 1998, the average Visa purchase
transaction worldwide was $53.
For the month of April, 1998, for those transactions reported to Visa as
coming from the Internet, the average for airline ticket purchases was
$419 and for all other purchases was $45. Personally, I don't believe we
are getting very good reports on which transactions come from the
Internet, but I suspect the averages are reasonably close.
_________________________________________________________________
Tony Lewis (tlewis@visa.com)
Chief Systems Architect, Internet Commerce
Visa International Service Association
