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I don't agree about the unique account number every time. That's nice to opt into when you want maximum privacy but it screws up things like loyalty programs or

by abalone 10y ago

I don't agree about the unique account number every time. That's nice to opt into when you want maximum privacy but it screws up things like loyalty programs or recurring billing where you actually do want a merchant to remember you. What we can agree on is that there should be strong authentication. Apple Pay is the best system I've seen. It creates a unique but static account number that can only be used with Apple Pay, which has strong authentication which is also convenient (Touch ID), so it can be mandatory. Thus it doesn't matter if the number gets stolen as it's useless without Apple Pay.

wheelerwj 10y ago
subscription billing, its definitely one of those big, ugly, nasty hard to solve problems that no one really wants to talk about or address. Definitely falls into the category of "if its not broke don't fix it." But payments in general are just totally effed and can't seem to move forward without some sort of fix. as a consumer its both amazing and incredibly frustrating. as a merchant it's essential. Imagine how much money netflix would lose if you had to auth payments every 30 days.