Difference between revisions of "Web Payments"

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(Context)
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==Context==
 
==Context==
 
* Payment Request API was originally focused on streamlining checkout ie. extracting money from the user was fast as possible. Security of user assets was not a goal.
 
* Payment Request API was originally focused on streamlining checkout ie. extracting money from the user was fast as possible. Security of user assets was not a goal.
 +
* in lat 2020 the focus switched to methods that are of "High Value to the industry", namely low friction user authentication. Security of user assets is still not a goal.
 +
* [[Open Banking]] mean which has focused on [[Secure Customer Authentication]], again focusing on the needs of the Financial Sector not on the consumer.
  
 
==References==
 
==References==

Revision as of 13:42, 29 October 2020

Full Title or Meme

Web Payments as implemented by the W3C and browser manufacturers.

Context

  • Payment Request API was originally focused on streamlining checkout ie. extracting money from the user was fast as possible. Security of user assets was not a goal.
  • in lat 2020 the focus switched to methods that are of "High Value to the industry", namely low friction user authentication. Security of user assets is still not a goal.
  • Open Banking mean which has focused on Secure Customer Authentication, again focusing on the needs of the Financial Sector not on the consumer.

References

[[Category: Finance] [[Category: Standard]