<div dir="ltr">Having been involved in may 3rd party payment project, I believe you are far too optimistic.<div>There is no evidence that people want or need them.</div><div><br></div><div>I am not entirely clear what you mean by this sentence, but i believe it is incorrect. EMV does give the payment initiator access to the user's credit card account.</div><div><br></div><div><span style="color:rgb(36,41,46);font-family:-apple-system,BlinkMacSystemFont,"Segoe UI",Helvetica,Arial,sans-serif,"Apple Color Emoji","Segoe UI Emoji","Segoe UI Symbol";font-size:16px">"It is in this context worth noting that consumer payment are currently performed through specific payment "rails" like EMV, </span><em style="box-sizing:border-box;color:rgb(36,41,46);font-family:-apple-system,BlinkMacSystemFont,"Segoe UI",Helvetica,Arial,sans-serif,"Apple Color Emoji","Segoe UI Emoji","Segoe UI Symbol";font-size:16px">which do not rely on direct access to accounts by external parties</em><span style="color:rgb(36,41,46);font-family:-apple-system,BlinkMacSystemFont,"Segoe UI",Helvetica,Arial,sans-serif,"Apple Color Emoji","Segoe UI Emoji","Segoe UI Symbol";font-size:16px">."</span><br></div></div><div class="gmail_extra"><br clear="all"><div><div class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div>Peace ..tom</div></div></div></div>
<br><div class="gmail_quote">On Wed, Oct 11, 2017 at 7:57 AM, Anders Rundgren via Openid-specs-fapi <span dir="ltr"><<a href="mailto:openid-specs-fapi@lists.openid.net" target="_blank">openid-specs-fapi@lists.openid.net</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">Ladies & Gentlemen,<br>
<br>
This posting represents a somewhat diverging view on the utility of Open Banking/PSD2 type of APIs when applied to consumer payments.<br>
<br>
The main intent is highlighting a few issues that you may not be fully aware of.<br>
<br>
<a href="https://github.com/cyberphone/saturn/blob/master/PSD2.md#purpose-of-psd2" rel="noreferrer" target="_blank">https://github.com/cyberphone/<wbr>saturn/blob/master/PSD2.md#pur<wbr>pose-of-psd2</a><br>
<br>
Sincerely,<br>
Anders Rundgren<br>
Independent Payment System Architect/Developer<br>
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</blockquote></div><br></div>