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Roadmap
The Web Payments Interest Group will discuss this draft roadmap at their June 2015 Face-to-Face meeting.
STATUS: Draft. No consensus of the Web Payments Interest Group.
Contents
Version 1
Start work October 2015. See each draft charter for milestones.
Goals
- Payment ecosystem integration: Interoperable support for a simple payment scenario (invoke wallet, invoice, proof of purchase, receipt)
- Identity: Make it easier to satisfy Know Your Customer (KYC) requirements when processing payments and establishing accounts
- Security: Digital signatures, encryption, Multi-factor authentication
- Note: We should make it very clear that this is not necessary for success in v1 -- manu
Groups and Scope
| Group (names not final) | Scope | Charter status |
|---|---|---|
| Web Payments Interest Group | Development of use cases and requirements; reach out to larger community and other standards bodies. | WPIG Charter through Sep 2017 |
| Web Payments Working Group (NEW!) | Payment Instrument Discovery and Selection, Initiation, Authorization, Execution, Receipt | Draft WPWG Charter |
| Web Authentication Working Group (NEW!) | Secure authentication of entities (users, systems and devices) to enable high-security Web applications. | (We hope to have a charter to review at the FTF meeting) |
| Hardware-based Security Working Group (NEW!) | A set of Hardware-Based Web Security standard services providing Web Applications usage of secure services enabled by hardware modules (TEE, secure elements, and other secure enablers). | (We hope to have a charter to review at the FTF meeting) |
| Credentials Working Group (NEW!) | Creation, exchange, and storage of cryptographically provable and non-repudiable claims | No draft yet; WPIG discussing |
- Questions
DRAFT View of IG, WG, CG, TF Activities as if 7/2/15
SAMPLE FOR DISCUSSION
| Capability Segment | Group | IG Artifact | Iteration | Editors Draft | FPWD | Proposed Standard |
|---|---|---|---|---|---|---|
| Identity and Credentials | Credentials CG | Charter | Version 1.0 | X | X | In Progress |
| Identity and Credentials | Credentials CG | Use Cases | Version 1.0 | X | X | X |
| Identity and Credentials | Credentials WG | Charter | Version 1 | In Progress | Not Started | Not Started |
| Payments | Web Payments Working Group | Charter | Version 1.0 | X | X | In Progress |
| Core and Security | Web Authentication Working Group | Charter | Version 1.0 | X | Not yet started | Not yet started |
- Where will we do key management?
- What work do we need for digital signatures of linked data? Is canonicalization necessary?
Deployment
@@Draft for discussion@@
Deployment in version 1 will focus on enabling a few major online retailers to run Web Payment agents to issue Web Payment invoices for processing at 1-2 major online Payment Service Providers (or banks). The payment institutions would then initiate the payment and send a proof of payment back to the retailer.
Goals
- 3 major online retailers launching Web Payments support
- 1-2 major online Payment Service Providers (or banks) launching Web Payments support
- > 1 million payments within the first year after standardization
- Favorable reviews by Web developer community
Capabilities in Future Versions
The group will continue to develop definitions of capabilities for the next round of standards, and will prioritize them. Future capabilities may include:
- Expand the retail and commerce abilities of the Web Payments platform including the addition of offers with more machine-readable information, coupons, loyalty cards, subscriptions/recurring payments, and refunds.
- Enhanced payment instrument selection (e.g., user defines preferences, merchant suggestions, geofencing)
- Harmonized user experience across browser, in-app, in-store. Offline use?
- Security and identity enhancements to enable fully digital enrollment and high-stakes financial transactions (>$10,000 USD transactions).
- Delegation of payment authentication (e.g., for Internet of Things applications)
- Access to accounts and ledgers to facilitate peer-to-peer payments and bridging disparate networks.
- See also