Maksutapoina
Maksutapoina is a fictional framework used to illustrate how a standardized set of payment methods might operate in a modern fintech ecosystem. Conceived as a neutral reference model, it outlines a cohesive API and data model designed to enable merchants, banks, and payment providers to process payments across multiple rails through a single integration point.
Scope and design: The framework defines components for payment initiation, authentication, settlement, and reconciliation, supporting cards,
Technical characteristics: Maksutapoina adopts API-first design with RESTful endpoints and JSON payloads, uses OAuth 2.0 for
Adoption and governance: In the hypothetical scenario, a consortium of financial institutions and fintechs would oversee
See also: payment gateway, real-time payments, PSD2, tokenization, merchant onboarding.
Because Maksutapoina is fictional for illustrative purposes, any real-world implementations would differ in details.