Why are payment forms so complicated?

Re:Why are payment forms so complicated? by mrb on Thursday March 07, 2013 @01:38PM (#5339293)

I have purchased stuff on sites that have greatly simplified their payment process to the point I did not need to type anything at all! I click "Checkout"; the site displays a QR code; I scan it with my smartphone, which decodes it and prompts "Send 0.123 BTC to xxx?"; and I click "OK". Done.

This is how the purchasing experience looks like with Bitcoin which, for merchants, solves the fraud problem. Hence buyers do not need to give any billing information.

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Re:Why are payment forms so complicated? by pixl97 on Thursday March 07, 2013 @01:52PM (#5339383)

>Send 0.123 BTC to xxx

How is 'xxx' determined?

Looks like a great place to install malware that overtops the sites QR with its own and sends the payment off to the wrong place.

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Re:Why are payment forms so complicated? by mrb on Thursday March 07, 2013 @01:55PM (#5339399)

'xxx' is read from the QR code. The attack vector you mention is no different than malware that intercepts your credit card number when typing it in.

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