Mozilla Introduces Experimental Open Payment System For Firefox OS

hypnosec writes "Mozilla has developed an open payment service API to support app purchases in Firefox OS, and has released a draft version allowing app developers to process payments. Pointing out the drawbacks of the different models for payments on the web that are currently available, Mozilla has revealed that it is looking to introduce a common web API that would make payments through web devices easier and more secure while being flexible and retaining today's checkout button features that are available for merchants. Partly based on Google Wallet, Mozilla's WebPayment API will remain open to ensure that it is used by a wide range of payment service providers. As a first step towards this, Mozilla has introduced the navigator.mozPay function, allowing web apps to accept payments."

More Data

[Anonymous Coward]

Not only does every website want me to create a profile and stores all my purchase details (email, phone, address, credit card) for *my convenience*, the software I use wants to do it to. Windows 8, Ubuntu (I'm not sure. Does the software center remember your info?), many cell phones, every app-store with punchable software, pay-to-play games, and now even Firefox.

I hope they protect access to prevent your kids from buying things without permission. I hope the data can't be accessed from any website based exploit.

Re:More Data

[Anonymous Coward]

I agree, I do not trust websites and these devices enough yet to place my sensitive info on them, it's still like the old wild west out there. Don't put your credit card information on your kids devices, to keep control of this, I sideload any apps onto my kids devices.

Re:Needs broad multistakeholder standardization

[msporny]

We are building the technology out in the open, transparently. Anyone can join the group. There are no fees, there are no prerequisites for joining. You can read the minutes from every one of the design meetings, and even listen to the audio here (we record everything): http://payswarm.com/minutes/ [payswarm.com]

Here's an example of one such meeting: https://payswarm.com/minutes/2012-07-10/ [payswarm.com]

Why design the financial system in this way? We need to show people that, unlike the way our current financial system is developed and run (behind closed doors), that we're taking a radically new approach to building the basis of the financial network that we hope all of humanity will use. This financial network is open and decentralized, like the Web.

If this interests you, I urge you to join and lurk (or preferably, participate): http://www.w3.org/community/webpayments/ [w3.org]