What if your bank had you download an app, enter your website login and password, setup a PIN, and then when you open the app it will prompt for a PIN then display a QR code that is a link to the banks servers plus your account number, the merchant scans it and you get a prompt of "Authorize merchant xyz a one time deduction of $##.## from account ****####?". Then you click "Authorize", and the merchant gets a message that it went through.
It's kinda "SQRL in reverse" or "SQRL for in person transactions". And I would be more excited, if I didn't google "using qr code to authenticate payments" and hear about a few services that may offer something VERY similar like: "E-num", "Seamless", "SEQR", and "CardlessPay".
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2 comments:
I like this idea, and more importantly, this type of thinking in general (using things in reverse to accomplish more and save steps).
If more people were this creative, there would be less selfish people in the world.
I like this idea, and more importantly, this type of thinking in general (using things in reverse to accomplish more and save steps).
If more people were this creative, there would be less selfish people in the world.
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