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> What do you want merchants to do? Become modern? Make wire transfers fast enough to be usable for purchases online. Securing the bank account could be done t
by dcbadacd 8y ago
> What do you want merchants to do?
Become modern? Make wire transfers fast enough to be usable for purchases online. Securing the bank account could be done then with 2FA (smartcard, phone whatever).
- lotsofpulp 8y agoThose suggestions have nothing to do with merchants. Those would be changes to banks and the financial system.
- heavenlyblue 8y agoThese are changes neither to the banks or the financial system. It's just a change on how a bank verifies your identity.
- dcbadacd 8y agoWhat my suggestion pretty much means is that the identification part is offloaded to the bank, as it should be.