Should Merchant Data be Open Data

[Peter_G]

I’d love this to happen, but there would need to be some infrastructure around it - maybe a not for profit company -rather than purely open data.

I mentioned this before, but a not for profit set up as a contemporary start-up (rather than “traditionally” like pay.uk) would be an even better idea:

Abandon merchant logos!

I reckon this is a really good space for a start-up. Build a database of reliable info. Link to merchant ids / social media. Allow brands to manage their identities across multiple platforms (banks, social media…) Open Apis. Charge firms like Monzo less than it costs them to curate it themselves. You read it here first. Also, my DMs are open.

I think it would need to wait for this you cease to be a differentiator and something commodotised first though. I wonder how important merchant data is to Monzo as a differentiator…