Payment Networks – Invaluable Lessons


The troubles we have with our passwords and proper identification required for numerous online services can be overcome based on the experiences from one of the least likely fields in this matter. We are talking about the different payment networks. What they got to do with the identity protection challenge?

Well, for what is worth, the payment networks had the same problems we are facing now. We all know that these systems rely heavily on credit cards. The basic presumptions about the identity protection are absolutely the same. At some point in time someone has figured out that credit cards have to be protected in order for the entire system to work.

This does not mean that we have to hire rocket scientists to solve our password puzzle. All we have to do is to closely evaluate the invaluable experiences and solutions left by the top security experts for some of the most successful payment networks. In our case we pay with something far more valuable than our money.

We trade with our privacy. So, let us do our best to ensure that this is a fair deal where both sides of the process are equally protected and safe from any harm. We should look for more appropriate analogies around us. You never know where you can find a solution for your problem. Right?

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