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Yes. But this isn’t a general payment protocol that the payment industry developed to facilitate convenient payment applications. It’s an application-specific p
by matthewdgreen 3y ago
Yes. But this isn’t a general payment protocol that the payment industry developed to facilitate convenient payment applications. It’s an application-specific protocol that had to be developed at enormous cost for the specific application of charging and only really happened because EU regulators pushed very hard on charging companies and manufacturers to realize it. The US gets to benefit from it (if we’re lucky) because Europe did the work, although it’s not supported by Tesla and many of the smaller charging services don’t support it.
My point is that a IoT payment protocol should have been a part of the EMV standard, the same one that lets me use my credit card while overseas. We shouldn’t have to rely on such a huge government-backed effort specific to every specific business sector where a device might need to pay for a service.