tag:blogger.com,1999:blog-7114254501166964003.post8627074788665467178..comments2024-02-18T00:44:15.247-08:00Comments on Duncan Anderson's Blog: It's time to ramp-up the ambition in mobile paymentsDuncan Andersonhttp://www.blogger.com/profile/03877209756077142249noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7114254501166964003.post-41584138008536736392013-07-24T03:06:59.577-07:002013-07-24T03:06:59.577-07:00Wholeheartedly agree.
I like to use the "...Wholeheartedly agree. <br /><br />I like to use the "will this innovation kill an industry?" test to predict if something is going to change the world. Eliminating POS infrastructure, closing down merchant acquirers and infuriating those in the PCI consultancy space strikes me as a pretty big "kill".<br /><br />One problem that still has to be solved, however, is authentication of the merchant. I need to be sure that the invoice I receive really is from the merchant I think it's from.<br /><br />So you'll probably still need SSL/X.509 on the web and you'll need something similar in the physical world. Otherwise it would just be too easy for an adversary to send a fake invoice over wifi/infra-red/whatever at just the point I'm expecting it.<br /><br />It may well be that this proves to be the world's first ever useful use-case for QR-codes... the consumer would be in complete control of where they pointed the phone.<br /><br />Interesting times....!Richard Brownhttps://www.blogger.com/profile/14808940497740675782noreply@blogger.com