Updated2: Completed Tokenization Eliminator

This is the right URL for card payments and tokenization elimination

http://webpki.org/papers/payments/webpay-card-payment-flow.html#p7

On 2015-09-20 17:09, Anders Rundgren wrote:
> New weekend revision :-)
>
> http://webpki.org/papers/payments/webpay-4-corner-flow.html#p7
>
> On 2015-09-18 18:11, Anders Rundgren wrote:
>> 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 Sunday, 20 September 2015 15:12:48 UTC