Battle of the Online Payment Systems
Lou Hirsh,
E-Commerce Times,
Apr 30, 2002
This is one for the business managers, a discussion of competing payment schemes on the web, looking mostly at services such as PayPal and BillPoint. There is some discussion of using peer-to-peer technology to manage online payment, an approach that I think offers more chances of success. Indeed, I would propose what might be called peer-to-peer-to-peer (P3P) that allows the vendor and purchaser to select a trusted broker dynamically. This is a decentralization of online payment, the only approach that will work over many environments.
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