This is the wiki of the Regulatory Landscape Task Force of the Web Payments Interest Group. The mission of this task force is to help ensure the successful deployment of W3C's payment standards from a global regulatory perspective.

Jean-Yves Rossi chairs this task force and welcomes participants <jean-yves.rossi@cantonconsulting.fr>.

Questions? public-webpayments-ig@w3.org (archive).

Goals

The task force has identified three goals to help it achieve its mission. These are prioritized as:

• Awareness: Raise awareness globally among regulators about W3C's work. This includes understanding the scope, potential impact, and expected benefits of work from multiple W3C Working Groups. Primary audience: regulators and supervisory bodies.
• Alignment: Help ensure that the deliverables of the Web Payments Working Group align with existing and emerging regulation regarding payments, security, privacy, openness, accessibility etc. Primary audience: Web Payments Working Group.
• Developer guidance: Provide guidance to users of the APIs regarding regulatory issues they may encounter in practice. Primary audience: Web developers.

Deliverables

The task force assumes that:

• Regulators are unlikely to review a JavaScript API and provide feedback, but we would like their insights about the potential regulatory impact of the work.
• The Web Payments Working Group is unlikely to read a global corpus of regulations to determine which ones might have an impact on their work.

Therefore, to achieve the first two goals of Awareness and Alignment, the task force expects to develop the following deliverables:

• Regulator-friendly Description: A description of the API written for regulators. This will help to raise awareness about W3C's work, communicate with regulators, and serve as a starting point for providing feedback to the Task Force. The themes called out in this document will be influenced by discussions with regulators and that are already relevant in regulation. We are keeping a checklist of regulatory themes that we believe will help us build shared understanding with regulators and facilitate their feedback. We also expect to create a slide deck to accompany the description.
• Jurisdiction Inventories: We are building an inventory of the main jurisdictions and corresponding library of jurisdiction summaries. Each summary will provide information about the scope of a jurisdiction, relevant authorities, and key regulations and requirements related to payments. Jurisdiction summaries will therefore inform the Regulatory-Friendly Description and provide Web developers with some starting points when researching regulatory considerations. We are developing a template for a jurisdiction summary (based on an initial EU/SEPA summary).
• Developer good practices: In the course of discussion about regulatory topics and W3C's APIs, we have identified several good practice notes for Web developers using the APIs. We will continue to record those, which may become part of the developer portal for Payment Request API.

Plan

To be completed:

• Milestones for the prioritized deliverables list
• Owners
• List of regulators to reach out to; scheduling calls with them
• Community Group / Communications fora for discussions over time?

Related Resources

Awareness

• Merchant adoption strategy FAQ
• Presentation to European Central Banks (by Ian Jacobs, 1 March 2017)

Task Force History

• Meetings: 2 March minutes, 16 Feb minutes, 23 Jan minutes, 16 Jan minutes
• 17 October 2016: Goals, method and expectations validated by the IG