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Submitted via IRC for TheMightyBuzzard
On Sept. 12th, Amazon will lose the patent to its 1-Click feature it filed almost 20 years ago. According to thirtybees, it will be a game changer in e-commerce as any vendor will have access to the feature and will shape the future of e-commerce in the coming years . Amazon applied for the patent back 1997, but was granted the rights in 1999. The company has gone to court defending the validity of patent over the years. Plenty of web retailers are preparing for the expiration. My advice hide your wallets.
What next? The World Wide Web Consortium (W3C) is in the process of drafting a set of specifications for consistently implementing one-click purchases. Involved with the drafting are Google, Apple, and Facebook. This would involve storing credit card numbers and address information in your browser and having your browser communicate directly with the payment gateway. Some of the standards have already been implement in Google's Chrome and Chrome Mobile browsers.
Source: https://www.hardocp.com/news/2017/08/18/amazons_1click_patent_expires_next_month/
(Score: 3, Insightful) by stretch611 on Sunday August 20 2017, @10:45AM (4 children)
What a horrible idea. Browsers are constantly being updated due to security flaws. (like most software.) Having this information stored by the browser means it is there for the taking as soon as the browser is compromised.
Now with 5 covid vaccine shots/boosters altering my DNA :P
(Score: 2) by Unixnut on Sunday August 20 2017, @02:15PM (3 children)
Whereas online websites storing your CC details have so far had a stellar reputation as bastions of security and privacy of said data? Nobody heard of a website leaking credit card info, or being compromised, or some idiot emailing the entire database to everyone in their address book? Let alone the data being passed around like a cheap hooker at a rave, to anyone with a bit of cash kicking around
Not that I would want my credit card info stored in a browser either, but not sure which hell is worse really.
(Score: 2) by Justin Case on Sunday August 20 2017, @02:23PM (2 children)
How about neither? Would that be possible, maybe?
My credit card numbers are not even on my computer. Anywhere. At all. Despite the fact that the whole concept of "find a 16 digit number, get megabucks" is an absurd pre-computer concept for authenticating transactions.
(Score: 2) by Unixnut on Sunday August 20 2017, @04:16PM
Yeah, but more and more shopping and payment is online. Even my local government has started accepting online payments.
At least with them they have to keep non-internet payments around for people who are unable to use the internet, but a lot of private companies are going online only. In future might be hard to get ahold of some things unless you pay with things online.
(Score: 2) by frojack on Sunday August 20 2017, @07:13PM
"find a 16 digit number, get megabucks"
As if you had megabucks.
I've been using both browser caches and vendor side storage since the Pleistocene.
I've never lost a nickel. I do check my CC statements, but that takes seconds, because I only use specific cards on line.
I had cards re-issued because somebody (Target) got lazy. Cost me nothing, didn't even bother to update my ex-target account.
In most such incidents, the credit card company knew about the need to re-issue long before I did.
For the amount of money you actually are at risk for, the convenience of not having to type in a CC card each time is worth the risk.
No, you are mistaken. I've always had this sig.