2 Matching Annotations
  1. Oct 2020
    1. Four party model

      MPP are CPSP for Hayu, but if we make a Hayu APC that is the touch point for iDEAL feeding into MPP does that make Hayu a merchant or unique CPSP or just a representative of MPP as Hayu's CPSP?

    1. Merchant offers iDEAL as payment method Consumer selects iDEAL and selects their bank Consumer is redirected to their bank's login page Participating bank displays transaction data Customer enters account number and signs the transaction digitally using a 2FA token Bank authorizes transaction in real-time, deducting the amount directly from the consumer's account (if there is not enough balance, the transaction will be refused) Merchant received real-time confirmation of the payment by the bank Consumer is redirected back to the merchant page with a confirmation that the payment has been successful

      Sequence Diagram