The oldest two mechanisms of authenticating on credit cards.
From oldest to newest, they are:
Printed data on card.
Magstrip (which basically has the same data in machine-readable form).
Smartcard chip with contacts.
Wireless.
The first two mechanisms hand over all the data required to impersonate the cardholder whenever used, which isn’t very secure. Yes, there’s value to keeping a mechanism around for a while to permit transition time, but we should have had tap-to-pay hardware on PCs and phones and the like a long time ago.
I disagree that we should have a card reader on our computers for payments.
That is just a way too big of a security concern.
I prefer something like the Swedish system Swish, you have a separate app on your phone where you can send money to friends and family as well as pay for stuff online.
Sadly, while Klarna supports Swish, they require the use of a Klarna account to use it, and since most internet shops in Sweden uses Klarna it limits the ability to use it as I want to.
and with that you need a smartphone, with a google-approved operating system and with it half of the factory bloatware, or otherwise you are barred from paying online, right? that sounds such a good idea.
The oldest two mechanisms of authenticating on credit cards.
From oldest to newest, they are:
Printed data on card.
Magstrip (which basically has the same data in machine-readable form).
Smartcard chip with contacts.
Wireless.
The first two mechanisms hand over all the data required to impersonate the cardholder whenever used, which isn’t very secure. Yes, there’s value to keeping a mechanism around for a while to permit transition time, but we should have had tap-to-pay hardware on PCs and phones and the like a long time ago.
I disagree that we should have a card reader on our computers for payments.
That is just a way too big of a security concern.
I prefer something like the Swedish system Swish, you have a separate app on your phone where you can send money to friends and family as well as pay for stuff online.
Sadly, while Klarna supports Swish, they require the use of a Klarna account to use it, and since most internet shops in Sweden uses Klarna it limits the ability to use it as I want to.
and with that you need a smartphone, with a google-approved operating system and with it half of the factory bloatware, or otherwise you are barred from paying online, right? that sounds such a good idea.
no.
I said nothing about the OS on the phone, why would you assume that I like Android?
I am an iPhone user, but that is beside the point, if Swish and BankID could run on an open mobile plattform, I’d be happy with that.
My point it to separate the main computer from the payment system while still being convenient.
I am a bit confused as how you missed that…