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Beginner questions on m-commerce spec

From: Laurent Perez <l.laurent.p@gmail.com>
Date: Sat, 4 Jan 2014 16:07:18 +0100
Message-ID: <CACqpeO_+gB02_XpwKULwCG24bnHTkQa_yw=pjoY61xjN0wCXoA@mail.gmail.com>
To: public-webpayments@w3.org

I'm having difficulties understanding the whole picture of the specs
this group is working on, this is really a beginner question.

What I don't understand is, basically, where does the physical money
come from, and where does it go. As per "where", I mean bank account
or Authority.

Reading https://web-payments.org/specs/source/web-commerce/#performing-a-purchase
it states "The process consists of re-directing the Web browser to the
buyer's PaySwarm Authority for the purposes of authorizing payment to
the vendor for a particular listing"

Is my bank credit card form submit page the Authority here, and will
my bank post to the vendor callback once the purchase succeeds ?

Also I don't understand if the asset is anonymous from the Authority
point of view. I don't want my bank to know what I'm buying in full


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Received on Saturday, 4 January 2014 19:43:57 UTC

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