Simple WEB Payments (4H)

Session Topic: Simple Web Payments (Oauth, OpenTransact, W3C) (T4H)

Convener: Pelle Braendgaard

Notes-taker(s): Tom Brown

Tags for the session - technology discussed/ideas considered: 

Oauth, OpenTransact, OpenID Connect, W3C

Discussion notes, key understandings, outstanding questions, observations, and, if appropriate to this discussion: action items, next steps:

acknowledged the “banking darknet”

legacy mindset is that payment is a message. In the web age, we can consider that payment is an asset instead of a message.

Even if banks don't implement opentransact, there is room for small companies to offer better services with it

OpenID Connect has all the facilities for making payments. See the standard spec.

tomorrow we intend to complete a first draft.