Open Banking/PaymentRequest. Re: [Minutes] Virtual WPWG meeting (30 March - 2 April 2020)

 From what I can deduct from the minutes, the progress on the connection between Open Banking and PaymentRequest seems to be quite limited.

There is a simple explanation to that: The Open Banking payment concept requires the user to interact with not less than three entities during checkout:
- Merchant
- PISP
- Bank
You might add a payment handler as a "helper" but it would also add fuzz to the on-boarding process which is a big no-no.

The Open Banking payment concept will likely get a hard time on the market since banks are also betting on already established "omnichannel" mobile payment solutions and dedicated APIs like Swish(SE), Vipps(NO), MobilePay(DK), PayLib(FR), TWINT(CH), etc.

FWIW, I have proposed an enhancement to the PISP security model which indeed would make it compatible with PaymentRequest.

thanx,
Anders


On 2020-04-02 21:43, Ian Jacobs wrote:
> Dear Web Payments Working Group,
> 
> Thank you for participating in this week’s virtual meeting. Here are the minutes from the four days (in order). These are also
> linked from the meeting page [1]:
> 
>  • 30 March on payment handlers
>            https://www.w3.org/2020/03/30-wpwg-minutes.html
> 
>  • 31 March on SRC
>            https://www.w3.org/2020/03/31-wpwg-minutes.html
> 
>  • 1 April on authentication, payment handlers, and open banking
>            https://www.w3.org/2020/04/01-wpwg-minutes.html
> 
>  • 2 April on merchant feedback, open banking
>            https://www.w3.org/2020/04/02-wpwg-minutes.html
> 
> If you spot any errors, please let me know. I do not yet have links to all of the presentations but I hope to have them soon
> (and then I will add links to the minutes).
> 
> Ian
> 
> [1] https://github.com/w3c/webpayments/wiki/FTF-Mar2020
> --
> Ian Jacobs <ij@w3.org>
> https://www.w3.org/People/Jacobs/
> Tel: +1 718 260 9447
> 
> 
> 
> 
> 

Received on Thursday, 9 April 2020 05:40:08 UTC