Universal Payment Authorization System
- Decentralized operation accomplishes similar goals as 3D Secure and "Tokenization" but without registries or additional services
- Facilitates the design of brand/bank independent, "Rich UI" wallets, supporting both card- and bank-to-bank payments
- Equally applicable on the mobile Web, Locally in a shop, at Automated gas stations, or as a "PC companion" on the Web
- Eliminates the traditional payment terminal and reduces merchant PCI requirements to a minimum
- Requires a single "Active" method on the issuer side to function