[Openid-specs-fapi] VISA+ Analysis

[Anders Rundgren]

Hello payment security experts!
Any idea of how VISA+ works? https://usa.visa.com/products/visa-plus.html

VISA+ replaces the card/account-id with a human-oriented name.

Since the name is unprotected, VISA+ is likely to depend on a single trusted service.

I don't understand how you suddenly become independent of which P2P app you use.  To me it rather looks like an attempt to get P2P payment providers to adopt VISA+.

For local payments, QR or NFC seem more logical.  The problem with P2P is really for remote payments where the identity of the receiver is not always entirely obvious.

I still think that a payment URL would be worthwhile, otherwise we will be stuck with Big Tech solutions.

Cheers,
Anders