campuscodi writes to note that the World Wide Web Consortium has launched a Working Group to help streamline the online "check-out" process and make payment by internet easier and more secure. The proposed standards will support a wide array of existing and future payment methods, including debit, credit, mobile payment systems, escrow, and Bitcoin and other distributed ledger technologies. The group estimates that the new payments API will reach browsers by the end of 2017. For more details, you can consult the Web Payments Working Group Charter, and the group's wiki FAQ page.
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