Completed Tokenization Eliminator

http://webpki.org/papers/payments/webpay-card-payment-flow.html

WDYT?

Yes, it does require a new pipe to the bank.  So did/does 3D Secure also BTW.

After looking into this deeply as well as discussing this with one WPIG bank-member it seems that
without a new pipe to the bank, innovation will be quite limited. Apple and Google didn't take
this path since they are "super-providers".

Step #5 probably make banks nervous but I just can't find another way to facilitate decentralization.

Anders

Received on Friday, 18 September 2015 16:12:03 UTC