Receiving money and sending money over the Web needs to be simpler. Pulling out your credit card or signing in to a payment website over and over again is not simple. Sending or receiving money over the Web needs to be as simple as sending or receiving an e-mail.
We need a payment solution that integrates into the Web, right in your browser. It needs to be like the Web, built on open standards and implementable by anyone. Nobody should own the payment network. After all, nobody owns the Web. The solution is called PaySwarm.
PaySwarm is an open standard for making payments on the web easier. The technology is being developed at the World Wide Web Consortium (W3C), the same people that have made the Web what it is today. This website is an alpha release of the PaySwarm technology developed at the W3C.
Interested in what using PaySwarm looks like in practice? Taking PaySwarm for a test drive is easy. All you have to do is:
You can find out much more about the future of Web Payments at the PaySwarm website. The technology is developed in the open, with bi-monthly technical design meetings that are open to the public. There is a mailing list and a chat channel. If you are a developer, you may want to join the Web Payments Community Group at the W3C.
This site is the PaySwarm (alpha) Developer Sandbox and enables Web developers to test drive the PaySwarm Web API and technology. All interfaces exposed by this website are the same as the ones exposed by commercial PaySwarm Authority systems, except for one important difference: there is no danger of screwing something up when using this development sandbox. No money or accounts on this system are hooked up to any external system. The training wheels are on; go crazy, you won't hurt anyone.