alt Hacker NewsSo, wait. Are you saying each transaction has to be individually approved by the account holder?
Because that would break the subscription-based billing model for a lot of businesses.
So, wait. Are you saying each transaction has to be individually approved by the account holder?
Because that would break the subscription-based billing model for a lot of businesses.
Here, this is standardized, and if a local subscription service provider wants to pull money from my account I explicitly grant them permission to do that, which I can revoke at a later point.