Comment on TU/e coordinates EU project to push next-generation private and secure online payments
coolmojo@lemmy.world 4 months ago
in that it offers privacy for the buyer: neither merchants (payee) nor banks can trace or link the payments to the payer
How does the product gets delivered then, if the merchant does not know who the buyer is?
smileyhead@discuss.tchncs.de 4 months ago
The merchant would know via form filled on checkout, just like it is done today. Payer can also create a cryptographic proof of payment. But there still would be a benefit of payment processor itself not knowing what you bought.