[Openid-specs-fapi] After Open Banking - Open WALLET

Anders Rundgren anders.rundgren.net at gmail.com
Fri Nov 24 06:11:27 UTC 2017

Dear FAPIers,

After seeing that the Norwegian Banks indeed intend taking their "Vipps" mobile payment system to Europe
I think it is fair claiming that the time have come for looking into a possible Open WALLET standard.

It is not a coincidence that "Vipps" is a Norwegian system.  The banks in the Nordics (modulo Finland) have been very successful establishing mobile phone based payment systems, while their counterparts in France, UK, and Germany currently rely on various third party solutions where none appear to have gained much traction.

How would such a system be architected? Well, unfortunately the world is quite divided on that point.  For obvious reasons the Nordic solutions build on their equally successful federated identity systems making enrollment a snap.  Personally, I have rather followed the trails of EMV; that is, betting on specific payment credentials, completely unrelated to identity.

Anyway, if there's anybody out there who is interested in such a death-defying mission, please don't hesitate dropping me a line!

Although starting with a blank sheet of paper is cool, some kind of "Input Specification" is probably better to get the discussion going
even if it in the end only served as an example of what NOT to do :-)

Anders Rundgren

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