Influential Web Group Publishes Online Payment Standard ‘First Working Draft’

April 28, 2016

Influential Web Group Publishes Online Payment Standard ‘First Working Draft’ The World Wide Web Consortium (W3C), an international standards-setting body that established a working group last fall to study how to make payments on the Web easier and more secure, has published its first draft specifications. The group has released three working drafts around a payment request API , payment method identifiers and basic card payment . The organization also published a FAQ to guide various stakeholders through their initial efforts around the development of standards for online payment. Together, these specifications are intended to streamline checkout in Web sites and applications.

The W3C, founded by Internet pioneer Tim Berners-Lee in 1994, is the main international standards organization for the World Wide Web. Working drafts are the first steps in setting an international standard. Ian Jacobs, the payments activity lead for the W3C, emphasized the drafts are at an early stage and are incomplete.

“We recognize that people not previously involved with W3C may be accustomed to specifications being more ‘mature’ when they are first made public,” said Jacobs in a post on the W3C’s blog. “In the W3C Process, ‘First Public Working Draft’ does not mean that the specifications are publicly available for the first time; Editors’ Drafts are always public. Rather, it is a call for early review by the Working Group to the broader community.”

Jacobs will be appearing at this year’s CNP Expo in a session focusing on mobile wallets. Take a look at our entire agenda and register for the CNP Expo today.