[Openid-specs-fapi] Request-to-Pay versus PaymentRequest

Anders Rundgren anders.rundgren.net at gmail.com
Mon Jan 6 10:18:12 UTC 2020


    In Europe, “Request for payment” technology is now recognized as one of the most
    innovative and needed by users, both individuals and businesses. Changes in the labor
    market (more people exercising individual orders in flexible forms of cooperation) and
    growing importance of cashless transactions (and demand for cashless settlements
    between private individuals) make this  option more desirable and expected. A report
    prepared by FasterPayments shows that as many as 42% of British have occasionally
    transferred money to an incorrect bank account number. In addition, one-fifth of Britons
    regularly ignore requests for money transfer in electronic and paper correspondence.
    At the same time, the communication channel through the bank’s mobile applications is
    considered one of the most reliable and secure.

I believe this is pretty interesting.  Current solutions seem to be based on notifications in specific apps like WeChat, Mobile Banks etc.

The IETF is considering a specific URL scheme: https://datatracker.ietf.org/doc/draft-dold-payto/

Would it maybe be possible creating a solution where ordinary Web links are used?  Why would that be useful?  Well, let's say that you rather consider "Messenger" your main communication system.  Or why not good ol' e-mail?  isn't that what PayPal already do?

What's a bit puzzling (to me) is why BLIK (the Polish solution) need new interbanking mechanisms to realize this functionality.  SWIFT claims that as well.


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