Full Title or Meme
Web Payments as implemented by the W3C and browser manufacturers.
- 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.
[[Category: Finance] [[Category: Standard]