HTML5Apps/W3C announced today a new Web Payments Initiative to integrate payments seamlessly into the Open Web Platform.
W3C calls upon all industry stakeholders –banks, credit card companies, governments, mobile network operators, payment solution providers, technology companies, retailers, and content creators– to join the new Payments Interest Group and leverage the unique ability of the Web to bridge ecosystem diversity and reach users everywhere, on any device.
The result will be new business opportunities, an improved user experience for online transactions, reduced fraud, and increased interoperability among traditional solutions and future payment innovations.
Read the full press release (in English and in French ) including testimonials from W3C Members Bloomberg, Gemalto, GRIN Technologies, Ingenico Group, NACS, Rabobank, and Yandex.
This project is funded by the European Union through the Seventh Framework Programme (FP7/2013-2015) under grant agreement n°611327 - HTML5 Apps.