Work on payments at W3C was supported in part by the HTML5Apps project, and today, the project’s team is pleased to announce that W3C just launched the Web Payments Working Group to make payments easier and more secure on the Web.
The Web payments Working Group is chartered to develop standards to support a wide array of existing and future payment methods. Standard APIs will allow users to register payment instruments (such as credit cards or payment services) and select the right payment type through the browser, making payments faster, more secure, and easier, particularly on mobile devices. The standards should also make it easier for Web developers to integrate existing and new payment flows into their applications.
The Web Payments Interest Group, under the leadership of co-chairs Erik Anderson (Bloomberg) and David Ezell (NACS), will continue to identify additional areas for future standardization.
W3C invites organizations to participate in the new Working Group. W3C Members, including Bloomberg, Deutsche Telekom, Digital Bazaar, ETA, Federal Reserve Bank, Ingenico Labs, MAG, NACS, Qihoo360, Rabobank, Ripple and WorldPay have already announced their support.