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Australia's New OSKO system. #159

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aubits opened this issue Sep 18, 2019 · 3 comments
Closed

Australia's New OSKO system. #159

aubits opened this issue Sep 18, 2019 · 3 comments
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@aubits
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aubits commented Sep 18, 2019

Suggest incorporating OSKO and PayID into Bisq

  1. chargeback risk?
    This is a new system however their byline reads: Osko is located within your online banking and backed by BPAY so you know that it’s super safe. Less than or equal to current chargeback risk within current setup.

  2. adoption rate?
    Osko is available to all banks. So far 60 banks operate it and 3/4 of our "big four" have it available to their clients. As it operates inside most peoples banks ubiquitous adoption seems inevitable.

  3. projections on how much volume will be used?
    Impossible to tell, but nearly immediate payment opens a world of opportunity. Adopting this payment option should entice others who've been dissuaded by the up to 4 day length of trade.

  4. how does it work, what information is required?
    Users are required to register a PayID They can then send funds to any another using any of the following. Email, mobile phone #, ABN or BSB with an account number.

  5. what do you propose the per-trade risk limit should be, and why?
    Remain the same. Relatively new technology to the wilds of the internet and perhaps not all attack vectors have been explored.

  6. what do you propose the per-trade time limit should be, and why
    Remain the same, with a review in 6 months

  7. what do you propose the GUI should look like to configure the account in Bisq (mockup would be best)
    Model on Japanese Zengin Furikomi whereby registering a BSB and Account number with additional fields for entering an optional email, mobile phone # , ABN as a direct transfer method.

@aubits
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aubits commented Feb 16, 2020

Nuggets News on the NPP.
https://www.youtube.com/watch?v=NTQ_4iNFcgQ

@wiz
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wiz commented Mar 20, 2020

@aubits can you please review this bisq-network/bisq#4078

@m52go
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m52go commented May 28, 2020

Closing as stalled.

@m52go m52go closed this as completed May 28, 2020
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