CNP/Pull Payments

Although we all would like to get away from CNP (Card Not Present) payments
they simply cannot be eliminated due to legitimate use-case requirements.

What you can do is to embed CNP/Pull Payments in a security layer so that they
become very unattractive to mis-use and also be [completely] useless for card data thieves.

I'm working on a draft for this.  Unfortunately it builds on the rather heavy machinery
which I have described earlier in this forum [1].  OTOH, I don't see much value in new
payment systems if they do not address the #1 security problem we have today,
the reliance on unauthenticated card data.

Anders

1] http://webpki.org/papers/PKI/pki-webcrypto.pdf

Received on Tuesday, 24 June 2014 07:34:40 UTC