Are there any iPhone crowdfunding apps that allow payments directly through the mobile device?
4 Answers
Here is a comprehensive overview of payment options and technologies for Web, iOS, Android
WebPaymentsUseCases
Highlights
There are several Cryptocurrencies, and cryptocurrency related technologies:
Bitcoin, LiteCoin, Anoncoin, ZeroCoin, NameCoin, Colored Coins, MasterCoin, Bitshares, Counterparty, Ethereum, Dodgecoin, Nxtcoin, TerraCoin, Peercoin, KryptoKit Bitcoin Wallet, KnCWallet, Coinbase, BitPay
There are several APIs tailored specifically for developers:
Stripe, Balanced, BrainTree, WePay, Paymill, GoCardless, Coinbase, Ven, BitPay, ClickandBuy, 2checkout
There are technologies that allow for a prepaid card:
NetSpend, PaySafeCard
There are technologies that allow for new uses for magnetic strip card readers:
Coin, Loop
There are several technologies that rely on magnetic card readers attached to a mobile device:
Square, Intuit GoPayment, WorldPay
There are technologies that allow for a prepaid card:
NetSpend, PaySafeCard, Netteller
There is a technology similar to prepaid card in that you get a number:
Ukash
Technologies that use NFC (near field communication) (Tap to Pay):
Isis, Google Wallet, Coinbase
There are technologies that rely on new "Internet of Things?" technologies:
Proxima (iBeacon technology == Bluetooth LE)
Technologies that use a QR-Code for POS (Scan to Pay):
Starbucks App, Ripple, Krypto Kit Bitcoin Wallet, BitPay, Coinbase, Monetas (OpenTransactions)
Technologies that allow you to buy before you visit the store:
PayPal, Square, GoPago, Starbucks Rewards
Technologies where you click on a button in a website to pay (Click to Pay): Coinbase
Technologies that allow payment with the app:
BlueVia, Western Union, Square (pay with your name), PayPal (check in to pay, order ahead, pay at table), Stripe, Braintree, Western Union, Starbucks Rewards (order ahead),GoPago, KnCWallet, Coinbase, Loop, Monetas (OpenTransactions)
Technologies that allow you to save cards in the app:
Braintree, Coin, Loop, Isis, Paypal
Subscriptions/Recurring Payments within API:
Stripe, BrainTree, 2checkout, Paymill, GoCardless, WePay, Coinbase, Balanced (not explicit, but possible)
Disputes within API:
Stripe, Braintree (void before settled, refund after settled), Balanced (refund for debit, reversal for credit), 2checkout (refund invoice, refund line item), Paymill (refunds)
Coupons/Discounts within API:
Stripe, Braintree, 2checkout
List Products in API:
2checkout
Conditional Payments within API:
WePay
Coupons/Discounts within the App:
Paypal, Starbucks Rewards
API allows for pre-authorization:
Paymill
Digital Wallet within the App:
Web Payments / PaySwarm
https://web-payments.org/specs/
Use Cases: https://web-payments.org/specs/s...
This covers large portions of the Bitcoin world.
See especially:![]()
at the bottom of the page http://www.ofnumbers.com/2014/03...
Bitcoin
https://bitcoin.org/en/ "Bitcoin is an innovative payment network and a new kind of money."
Use Cases:
"Instant Peer-to-Peer Transactions"
"Worldwide Payments"
"Zero or low processing fees"
https://github.com/schildbach/bi...
"This document describes the possibilities of Bitcoin Wallet version 3.38+ to initiate and respond to payment requests."
https://en.bitcoin.it/wiki/BIP_0070
"This BIP describes a protocol for communication between a merchant and their customer, enabling both a better customer experience and better security against man-in-the-middle attacks on the payment process."
Litecoin
https://litecoin.org/
Features:
Uses scrypt in proof-of-work algorithm
Anoncoin
https://anoncoin.net/
Use Cases:
Anonymity if the coin is used on TOR or I2P
Features:
Presently the only crytocoin that supports the I2P Darknet
Bitcoins untraceable to a wallet or ID
Zerocoin
http://zerocoin.org/
"Zerocoin is a proposed extension to the Bitcoin payment network that adds anonymity to Bitcoin payments."
NameCoin
https://www.namecoin.org/
Use Cases:
Basis for a decentralized domain name system
Features:
Based on Bitcoin
Further Information:
http://dot-bit.org/Namespace:Dom...
Colored Coins
http://coloredcoins.org/
"the open source standard for decentralized exchange"
Use Cases:
Chroma Wallet (http://chromawallet.com/)
"Next generation colored-coins wallet"
issue securities/tokens of any kind: shares, bonds, tickets, private currencies, smart property
Send and recieve colored coins
MasterCoin
http://www.mastercoin.org/
"The Master Protocol facilitates the creation and trading of smart properties and user currencies as well as other types of smart contracts. Mastercoins serve as binding between bitcoins (BTC), smart properties and smart contracts created on top of the Mastercoin Protocol."
Features:
Decentralized Exchange - "a way to trade their Bitcoin for Mastercoin or any other digital currency with out having to use a third party."
User currencies - tools to allow anyone, even non-developers, to create their own currency or commodity with their own rules
Smart Property - "Smart properties and smart contracts are digitized property rights and contracts rights, which may be transferred amount individuals and business entities via a protocol facilitated by the Bitcoin network."
Wallet - collection of saving addresses
Bitshares
http://invictus.io/bitshares.php
"Bitshares X is the first experiment in taking the ideas introduced by Bitcoin to the next level by producing trust-free digital assets that have the potential to track the price of anything" (https://docs.google.com/document...)
Features:
Transparent Blockchains
Unnecessary trust
Irreversible transactions
Income from transaction fees
Whitepapers:
https://docs.google.com/document...
http://static.squarespace.com/st...
Counterparty Windows OS, GNU/Linux OS
https://www.counterparty.co/
"A distributed financial market"
"Counterparty is a distributed financial system built on top of the Bitcoin blockchain. "
Use Cases:
Derivatives - "Leverage positions in currencies and commodities. Write a contract for difference with the terms you specify."
Stocks - "Start a company and issue stock to initial investors. Distribute dividends to your shareholders automatically."
Bets - "Issue trustless bets in the Counterparty ecosystem. Place a wager on any event with a Win/Loss outcome."
Ethereum - Platform (Windows, Mac OSX, Linux)
https://www.ethereum.org/
"A revolutionary new platform for applications"
Features:
Implementation of turing complete programming language combined with a blockchain
Dodgecoin
http://dogecoin.com/
"dogecoin is an open source peer-to-peer cryptocurrency, favored by Shiba Inus worldwide."
Nxtcoin
http://www.nxtcrypto.org/
Features:
"Nxt is a 2nd generation, scalable cryptocurrency offering a novel method of eco-friendly mining."
"Nxt is not an altcoin such as litecoin, peercoin, and others who have their code based on Bitcoin's source code are. It is brand new from scratch with its own code."
Terracoin
http://terracoin.org/
"Peer to peer decentralized digital currency with no central authority, no chargeback and low transaction fees."
Features:
Wallet, which is a collection of key pairs to create and sign transactions
A peer-to-peer currency based on Bitcoin
Peercoin
http://www.peercoin.net/
"Secure & Sustainable CryptoCoin"
Features:
"Proof-of-stake replaces proof-of-work to provide most of the network security."
(http://www.peercoin.net/assets/p...)
Permacredits
http://permacredits.org/
"The Local Currency for the Global Permaculture Movement"
Features:
The First Commodity Backed Crypto Currency
Florin Coin
http://www.florincoin.org/#home
Stripe - Web, iOS, Android
https://stripe.com/
Use Cases:
"Charge your customers in their own local currency"
"Pay out in any bank account"
"Accept payments from anyone, anywhere" (e.g. use Stripe Connect to collect transaction fees)
With Stripe Checkout, customers do not have to re-enter account information for any of the merchants connected Stripe accounts
For Developers:
"A set of unified APIs that instantly enable businesses to accept and manage online payments."
"Build platforms with Stripe and offer payments to your users"
Use Cases:
Accept payments through mobile phone by swiping of a credit card on an encrypted card reader
Allow up to 50 user accounts
Invalidate charges and send receipts again
View history and import to Quickbooks
Apply sales tax with geolocation
Square - iOS
https://squareup.com/
Use Cases
Square Wallet:
Customers can pay with their phones where square is used.
Square wallet starbucks1.jpg Square wallet starbucks2.jpg Square wallet starbucks3.jpg Square wallet starbucks4.jpg
Square Cash:
Send and request money for free with the use of a debit card and an e-mail address.
Skrill
https://www.skrill.com/ (look into mobile)
Use Cases:
Connect all your payment options and use them without revealing any financial details
Bank and credit card details are never revealed
Send money instantly to anyone with an email address
Digital wallet
Features:
BrainTree - Web, iOS, Windows, Android
https://www.braintreepayments.com/
Use Cases:
Accept payments in your App or Website
One Touch Payments in mobile with Venmo Touch, no entering personal information or card number
card information encrypted and stored on BrainTree's servers
Acceptance of payments in over 130 currencies, and deposit into U.S. bank account in 13 currencies
Client side encryption of payment information with Braintree.js before being sent to your servers
API
Manage credit cards, subscriptions, and transactions
API libraries in Ruby, PHP, Python, Java, Perl, Microsoft.NET, Node.js
Every merchant user has a unique set of API keys
use Braintree.js to encrypt card information before it is transmitted (client-side encryption)
Forms to embed in your website to get paid with Braintree
Secure credit card storage -- put in plans as tokens
Plan attributes: id, name, description, trial period, billing day of the month, number of billing cycles, amount, currency, billing cycle
Recurring billing, subscriptions
Automatic notifications with webhooks -- POST requests sent to a chosen URL
Add AJAX to payment form
Partners API to offer online credit card processing to customer
Refund transactions
Merchants can change what shows up on the customers credit card statement
Delete customers
Describe customer details
Search for customers and attributes
Use HTML fields with transparent redirect to create and update customers
Also use transparent redirect to update a customer's credit card and billing address
Use the customer create API and transparent redirect to create credit cards, verify the cards with card verification API
Search for card verifications
Save up to 50 addresses per customer, also: update, delete, search, add details and timestamps, perform validations of address
Subscriptions with included trial period [properties: balance, create, cancel, details, dynamic descriptors, search, update, retry change, validations]
Create add-ons or discounts with attributes: id, name, description, amount, number_of_billing_cycles
Use the all method to return all plans
Plan attributes [id, billingdayOfMonth, billingFrequency, currencyIsoCode, description, name, numberOfBillingCycles, price, trialDuration, trialDurationUnit, trialPeriod, createdAt, updatedAt, addOns.first.name, discounts.first.name
Use the all method to return all discounts
Discount attributes [id, amount, description, kind, name, neverExpires, quantity, numberofBillingCycles, currentBillingCycle, createdAt, updatedAt
Merchant accounts properties: overview {onboarding: creating a merchant account on behalf of a sub merchant - allows for transaction and service fees, "holding funds in escrow, and "releasing escrowed funds", confirmation {approved or declined}, create, details, find, result handling, update, validations
Settlement batch summary aggregated by card type, date, custom field, records data signature
Webhooks delivered via HTTP POST requests, notifications as signed XML payloads
(continue with https://www.braintreepayments.co...)
PayPal
World Pay - Web, iOS, Android
http://www.worldpay.us/
Use Cases:
In person payment processing solutions
Accept debit, credit cards, checks, and electronic benefits transfer
Counter top terminals, web enabled terminals, and industry specific
PC compatible magnetic stripe reader and PIN pad with web enabled terminals
Skip signatures on small tickets
Split balances between multiple cards to protect from payment fraud
Accept payments with an Apple or Android phone or tablet with card reader and app
Feature to key transactions manually
Accept payments with wireless terminal
Access to account information through web browser
World Pay Accounting Plugin For Quickbooks
Collect recurring payments from your customers' credit cards or bank accounts with ACG direct debit
Set up payment plans for purchases that customers could not otherwise afford
Features:
End-to-End Encryption from the time the card is swiped to authorization
PCI compliant
SSL, tokenization, address verification system, and credit card security code for fraud protection
Reporting tools:
Manage Chargebacks
Real time reporting of recent transaction data such as refunds in addition to authorization amount, settlement date, and more
Self service tools allow editing of business and account information, management of user accounts, management of terminals, and ordering of supplies
Four step payment process: payment transmission to WorldPay's processing systems after the card is swiped, authorization by verification of payment details by WorldPay and by an authorization request with the necessary details to the appropriate financial institution, verification by the financial institution through validation of the authorization information and checking whether their are sufficient funds in the customer's account, approval if funds exist and information is correct
next business day settlement and credit and debit card sales
WePay - iOS,
https://www.wepay.com/ (look into mobile)
"A Flexible Payments API built specifically for Platforms" --"built for marketplaces, crowdfunding, and small business software"
Use Cases:
Let users accept social payments
Use Oauth2 to let users create a WePay account with a pop-up on your site
Collect payment information with an embedded form or a custom form
embedded form handles data validation, PCI compliance, and more
custom data checkout form to pass credit card to WePay directly where it is stored and given a unique token so customers may be charged in the future
Use subscriptions to automatically charge customers at regular intervals
Use delayed payouts to take payments immediately but delay the merchants access to the funds
Generate revenue by applying your own transaction fees to payments on your platform
Deposit payments directly to user's bank accounts
Features:
Protection with Veda, a proprietary social risk engine
API:
Merchant Category Codes to Classify Businesses
Instant Payment Notifications to track the state changes of payments, accounts, and other API objects asyncronously
https://www.wepay.com/developer
Balanced Payments Web, iOS, Android
https://www.balancedpayments.com/
Use Cases:
Accept credit cards and ACH debit payments from your customers.
Use with any card processor or as a stand-alone service for same-day bank deposits.
Combine card processing and bank payouts with escrow.
Balanced provides client libraries and a RESTful API for you to easily integrate.
Decide when to disburse funds
Define your own fee structure
Features:
Completely white-labeled
No monthly fees. No setup fees. No recurring fees.
API:
Authentication
Uses HTTPS with a secret key
API Keys - API Key Secret to Perform Authenticated Requests [properties: create, fetch, list, delete]
Bank Accounts - resource that represents a bank account [properties: create, fetch, list, update,delete, associate with customer, debit]
Bank Account Verifications - verify ownership of a bank account using micro-donations [properties: create, fetch and confirm a bank account]
Callbacks - receive information at a URL of your choice [properties: create, fetch, list, delete]
Cards - represents a credit card [properties: create, fetch, list, update, deleting, associate, charge]
Card Holds - authorization that reserves a dollar amount on a credit card to be debited on a later date [properties: create, fetch, list, update, capture, void]
Credits - transaction sending money to a bank account [attribute: status: pending, succeeded, failed] [properties: create, fetch, list, list for a bank account, update]
Customers - represents a business of person [resources: card, bank account] [properties: create, fetch, list, update, delete, associate a card, associate a bank account]
Debits - represents a transaction of charging money, perhaps from a Debit or Bank Account [status: pending, succeeded, failed] [properties: create a card debit, create a bank account debit, fetch, list, update, refund]
Events - systemic events that applications may subscribe to with a call back. Published with HTTP GET and HTTP POST. [properties: fetch, list]
Orders - "construct that logically groups related transaction operations for a particular seller" [properties: create, fetch, list, update]
Refunds - "represents a refund of a Debit transaction" [properties: create, fetch, list, update]
Reversals - "reversal of a credit transaction" [properties: create, fetch, list, update]
(note: there is an overview section that you did not go over)
2checkout
https://www.2checkout.com/
Use Cases:
Automatic fraud protection
Accept credit cards and PayPal
Recurring billing
REST-based Payment API
Features:
Monitor account status and history (outgoing, incoming, charts, etc.)
Works with multiple shopping carts
For Developers:
https://www.2checkout.com/docume...
Amazon Payments
https://payments.amazon.com (check for mobile)
Use Cases
Get name, email, zipcode on login via Amazon button
Buy via mobile
One-time payments: supports simple one-time payments
Recurring payments: lets customers schedule recurring payments
Deferred payments: gives you the control to charge the customer when you want
Multi-use payments: enables you to charge the customer multiple times based on a single authorization
Marketplace payments: facilitates multi-payment needs between buyers and sellers in a marketplace
Micropayments
Dwolla
https://www.dwolla.com/
Use Cases:
Pay friends through email, phone, LinkedIn or Twitter.
Eliminate paper checks - Cheaper and faster than sending or receiving paper checks.
Cut out credit card fees.
Operate as an agent of a financial institution.
Payments for web and mobile apps - simple payment buttons, an offsite checkout gateway and OAuth + a RESTful API.
Features:
No percentages. No hidden fees. Just 25¢ per transaction or free for transactions $10 or less.
Pay up to 2,000 people at once with MassPay, just upload a CSV file
Set up recurring payments
Enable auto-withdrawal
Request money
Attach an invoice
WebMoney
http://www.wmtransfer.com/ (check for mobile)
Use Cases:
Enter into legally binding contracts
3rd party contract arbitration
Budget automation
Shared financial accounts (multi-party accounts w/ multiple managers)
Crowdfunded loans
Buy and sell debt on an open market
Peer-to-peer loans via trust limits
Mass payments to thousands of individuals
Mobile-based two-factor authorization of large payment amounts
Electronic checks where payment is made to the bearer of the digital check
SMS-based peer-to-peer payment
real-time, offline mobile to mobile payments
Allows the escrow of funds to be released when a certain business transaction is successful
Login mechanism using bank-issued OpenID
Ukash
https://www.ukash.com/ (check for mobile)
Use Cases:
Convert cash into 19-digit number which you can use to spend at stores
Redeem online or at Moneygram locations
Features:
Free to use money once converted to ukash.
Netteller
http://www.neteller.com/ (check for mobile)
Use Cases:
Deposit money into eWallet from credit card or bank account
Withdraw money from eWallet to bank account
Pay at online stores supporting Netteller
Pay friends and family
eWallet tied to Mastercard card
Multiple currency accounts
ClickandBuy
https://www.clickandbuy.com/
Use Cases:
Mobile-optimized QR-code based payment page
View all credits and transactions
Multi-device compatibility - Make purchases on all end devices (PC, tablet, smartphone) including in-app possibilities
Diversity - Integration of all standard payment procedures such as credit card, debit card, direct debit and bank transfer
Sales with new customers - Easier transactions even for new customers thanks to carefully simplified payment processes
Micropayments - Attractive conditions even for the smallest amounts
Discretion - Secure storage of bank and credit card details
Simplicity - Simple, secure payment with just a few details (new customers) or w/ username and password (registered customers)
Speed - Even quicker payment with one-click payment
Flexible payment models - Supports one-click payment as well as single and partial payment, payment in instalments, subscription and auto top-up
Flexibility - Convenient payment on all end devices
Increased sales - Increased sales through target-group-specific e-mail, mobile and online marketing
Purchasing benefits - Attractive welcome, discount and incentive offers in cooperation with shop partners
Features:
Security - Protected by TÜV-approved and PCI-DSS-certified security technology of the highest quality
Cost-savings - No basic monthly fee, no contract periods, payment methods as desired
Payment security - All payments checked using a well-established risk management system to prevent fraud and defaults
Transparency - All transactions can be managed and monitored at all times via the merchant service area
Overview - Transactions and account balance can be viewed in any place at any time, on mobiles using the smartphone app
International character - Purchases can be made in 120 currencies and 193 countries
Protection - Additional protection for delivery items
PaySafeCard
https://www.paysafecard.com/
Use Cases:
Purchase PaySafeCard at nearest sales outlet in varying amounts
Purchase at Web Shops by entering a 16-digit paysafecard PIN
The two cases above allow for payments online without a bank account or credit card
Make larger payments with up to 10 PaySafeCard PINs
PaySafeCard App
Find sales outlets in your area
Veiw your PaySafeCard balance
Deposit into your Skrill digital wallet
Western Union - Mobile App - iOS, Android
http://www.westernunion.com/mobi...
Use Cases:
Send money anywhere and anytime to over 200 countries ans territories
Pay bills to hundreds of companies with more businesses added daily
Track the transfer of the money
Find agent locations, directions, and lists of hours and services
Estimate the cost of transaction before sending money
Manage account and view past or pending transactions
"update your contacts, manage your profile and payment methods including credit card, debit card or bank account"
Westernunion mobile 1.png Westernunion mobile 2.png Westernunion mobile 3.png Westernunion mobile 4.png Westernunion mobile 5.png
Paymill - Web, iOS, Android
https://www.paymill.com/
Use Cases:
Customers can pay directly on the developers website
Payments processed in 100 currencies
Only successfully closed transactions paid for
Comprehensive risk and anti-fraud measures
Payments paid in 23 different currencies
Credit cards from around the world accepted
Refund payments
Subscription based payments
API:
Implemented with REST
All response objects delivered as JSON objects
test keys and live keys included
Requests made with https
Response codes for JSON objects such as transactions and refunds
Different list views for different entities in the API
Sort JSON response objects in the way you have requested
payment objects represented by a credit card or through direct debit
specific payment details with unique identifier
Function returning a JSON object with a list of payments
Function removing a specified payment
Preauthorization object to reserve money from a clietns eridt card and execute a transaction later
List payments, preauthorizations, transactions, refunds, clients, offers, subscriptions, webhooks
Remove preauthorizations
Transaction object with a unique identifier for charging of a credit card or a direct debit
create a token or a payment object before executing a transaction
Recieve details of an existing transaction with a transaction ID
Refunds with their own calls for existing transactions, refunded to the account of the client (with a fee for every refund)
Clients object to edit, delete, and update clients in addition to allowing refunds, subscriptions, inserting of credit card details
Export client list as a CSV object
Offer object which represents a recurring plan (over different periods) that a user can subscribe to
Update and remove offers
Subscriptions to charge recurring payments on a credit card or a direct debit ... connects to offers object
Use Webhooks to react automatically to certain events in Paymill's system, HTTP POST to a URL or send information to an e-mail
Various internal objects lacking an public API endpoint: Fee Object, Invoice Object, Merchant Object, Payment method Object
Paymill libraries in Java, JS, .NET, PHP, Python, Ruby
Features:
All data in Paymill is encrpyted
PCI DSS Level 1 compliant
All credit card data is represented by token and private key only
3D-Secure XML based protocol available (see: en.wikipedia.org/wiki/3-D_Secure)
Mobile SDK
Available for both iOS and Android
Delivered as a framework a Bundle for iOS and a JAR file for Android
GoCardless
https://gocardless.com/
"UK's leading online Direct Debit provider"
Use Cases:
Customers set up with direct debit in seconds by requests by e-mail or on your site (linked to GoCardless payment page)
Payment submission and payment tracking online
Bank details stored securely
Notifications sent for compliance
control when you get paid with direct debit
Automatically retry failed payments
Dashboard
Status reports of all your payments and customers
E-mail notification when a payment fails or a customer cancels
Export data for use in other apps
Upload a CSV to do business with multiple customers at once
Link your page to GoCardless' page, request payments from the dashboard
Automate recurring payments
Developers:
Add a checkout button to your site or e-mails
Integrate with accounting software
REST API with Webhooks
Automate your payments at any time with just one line of code
RSA encryption and secure communication for customer data
Easy to use API libraries allow for simple integration with a website
API:
Three resources that can take payments: bill, subscription, an pre-authorization
Bill - payment from a customer's bank account
Subscription - resource that will create a bill after a defined interval of time
Pre-authorization - enables the developer to take variable payments without further action from the customer
Payouts - payment made from GoCardless to a merchant's bank account
Merchant - organization collectiong payments in one of three ways: one-off bills, subscriptions, and pre-authorizations
user - something that has a bill, subscription, or pre-authorization with the merchant
Webhook - HTTP POST to GoCardless to notify your server of changes to a resource
With payment timings the amount and date of the next transaction will be illustrated, which is less than or equal to the viewable existing balance
Official libraries in PHP, Ruby, Python, Node.js, .NET, and Java
Community libraries for Wordpress, Clojure, and Perl
Filtering in the URL to cut down the number of objects returned leading to faster API response time
Optional pagination for when endpoints contain multiple records
Pre-population of users payment pages on GoCardLess
Webhooks in the form of POST requests sent to the when a resource changes status
POST data contains information generated with the merchants "app secret" to prevent invalid web hooks
Available Webhook objects: Bill (can be subscription or pre-authorization) [actions: created, paid, withdrawn, failed, cancelled, refunded, chargedback, retried], Pre-authorization [actions: cancelled, expired], Subscription [actions: cancelled, expired]
Partner API to "create and manage multiple merchants". This includes:
Partner account setup
Creating multiple merchants
Request [parameters: client_id, redirect_uri, scope, response_type]
Response
Exchange authorization code for access token, HTTP access request with app identifier and app secret [parameters: client_id, code, redirect_uri, grant_type]
Pre-populating information
Resources
Bill - "one-off payment from the user" - create one-off bill - confirm one-off bill - check the signature (use OAuth) - Complete the process - ..- list all bills - retrieve an existing bill - retry a failed bill - bill statuses
Merchant - collects payments in three ways: one-off bills, subscriptions, and pre-authorizations - attributes: retrieve merchant details,
Payout - payment made from go-cardless to a merchants bank account - objects: list all payouts (array of payout objects), retrieve an existing payout ("returns a payout object")
Pre-authorization - when merchant wants to collect variable direct debit from the customer until an expiration date
Subscription - recurring direct debit for a fixed amount until an expiration date
GoPago - Android, iOS, Blackberry
http://www.gopago.com/
Use Cases:
GoPago POS system
Live POS integrated with GoPago's mobile storefront which allows for ordering and paying
Mobile
Enter your payment information once, then pay by clicking a button
Locate stores, browse the menu, then order and pay before you arrive.
Gift credits for your friends and family
Exclusive deals from businesses you visit
Gopago android 1.jpg Gopago android 2.jpg Gopago android 3.jpg Gopago android 5.jpg Gopago android 6.jpg
Features:
PCI Compliance
Connected to Verizon 4G LTE
Includes tablet POS, receipt printer, credit card reader, cash box, and data
sales viewable through merchant portal
BlueVia
http://www.bluevia.com/
"global network for charge to mobile payment"
Use Cases:
Customers pay for digital goods using their mobile bill or prepaid account.
Customers pay with just one click
Can accommodate any content
Form filling, registrations, redirections, and card details avoided
Features:
Mobile payments delivered safely and securely.
Available in Argentina, Brasil, Chile, Columbia, Germany, Mexico, Spain, and the U.K.
(there is a mobile version, but what is this exactly?) (check out BlueVia Labs: http://labs.bluevia.com/en/home/B)
API:
SMS API - send and receive SMS, check the delivery status of sent SMS
Voice API - make and receive calls, create conferences, IVRs, ...
MMS API - send MMS with images, text, video, or audio from your APP
Libraries for Android, Java, .NET, PHP, and Ruby LGPL v3.0
Web Standards: OAuth, REST
Find the location of a user
Get Advertising
KryptoKit Bitcoin Wallet - Google Chrome Browser
http://kryptokit.com/ , Chrome Web Store (https://chrome.google.com/websto... KryptoKit Bitcoin Wallet
Use Cases:
Instant Bitcoin Wallet and secure Instant Messaging System that Runs in the Browser
Create a Bitcoin Wallet without usernames or passwords
Client Side Encryption, user data not sent to servers
Deposit to a wallet through a provided address or QR code
Extraction of Bitcoin addresses of the pages viewed to a bulleted list in the wallet window
Create, Import, or Export a BrainWallet (i.e. a Bitcoin address created from a passphrase)
Optional password protection of the Bitcoin wallet
One click backup of KryptoKit Data
Create GPG key and share the public key with anyone with which you want to communicate
Instant Message notifications within the browser
Bitcoin market charts in multiple currencies
Contact list to store most often used addresses
Bitcoin directory of places to spend Bitcoin
Click the Bitcoin address you wish to send Bitcoins to and enter the amount you wish to send
Clinkle
https://www.clinkle.com/
Not launched yet
Use Cases:
Mobile App for Mobile Wallet
Wallets linked to Credit Cards and Bank Accounts
Provide merchants with information about customers for targeted sales promotions
NetSpend - Web, iPhone, Android
http://www.netspend.com
Use Cases:
Register for an account and receive a card in the mail
Activate your card online or by phone
Deposit money through direct deposit of your paycheck or by visiting 100,000 Netspend locations
Make purchases anywhere Visa and MasterCard debit cards are accepted
Use at ATM
Through an online portal see transactions, balance, and deposits
Pay bills online either in the moment or schedule later
Receive SMS messages when money is available in your account
Create a budget
Mobile
transfer money to and from savings account
KnCWallet - Android
http://kncwallet.com/
Use Cases:
Send and receive Bitcoins using mobile phone contacts
Back up encrypted wallet to Google Drive and DropBox
Freshbooks
http://www.freshbooks.com
(example of what the above web payments solutions may integrate with)
Use Cases:
Cloud Accounting Software
Integration with various payment gateways such as stripe, PayPal, beanstream, Authorize.net, 2checkout.com, Braintree, eway, iTransact
Monetas - Platform
http://monetas.net/
Starbucks App - iPhone, Android
http://www.starbucks.com/coffeeh...
Use Cases:
Pay with your phone (though a barcode scan displayed on the phone's screen)
Earn stars toward Starbucks rewards
Get directions to nearest Starbucks store
Obtain information about beverages, food, and nutrition
Listen to pick of the week songs
Send eGifts to contacts
Be the first to hear of special offers
Reload by cash at the register with a minimum of $5.00
Reload by Paypal, or choose an existing Starbucks gift card
For iPhone:
Starbucks iPhone MyCards.png Starbucks iPhone Reward.png Starbucks iPhone eGift.png Starbucks iPhone Home.png Starbucks iPhone locationfinder.png
For Android:
Starbucks Android wallet.jpg Starbucks Android rewards.jpg Starbucks Android rewards2.jpg Starbucks Android locationfinder.jpg Starbucks Android reload card.jpg
Coinbase - Web, Android, iPhone, SMS
http://www.coinbase.com
Use Cases:
Mobile Wallet
Add bank account to buy or sell Bitcoin in minutes
Free payment processing to $1M, 1% after
Receive the exact amount of local currency you price your products at (no exchange rate risk)
No chargebacks with Bitcoin
Wallets and private keys stored with AES-256 encryption. Coinbase runs on SSL.
97% of consumer funds are stored offline in bank vaults
Two factor authentication on all coinbase accounts: enter a code from a mobile phone in addition to username and password
https://coinbase.com/docs/mercha...
Features:
SQL injection filters to prevent CSRF attacks
Hashed passwords, strong password check, application credentials separated from the code base and database
variety of actions rate limited, such as password attempts
"We whitelist attributes on all models to prevent mass-assignment vulnerabilities"
API:
REST based API available to apps and websites
https://coinbase.com/docs/api/ov...
Hive Mac OSX
Features:
Easy to create a Bitcoin wallet
Coins - "Create and organize your contacts; send and receive bitcoins in a matter of seconds."
Built in apps included
Backup through Drop Box and Time Machine
Easy to Use
Security - "Security is our primary goal. Be safe while you enjoy the Bitcoin ecosystem with Hive!"
BitPay
https://bitpay.com/
Use Cases:
The merchant receives their local currency while you pay in Bitcoins
Pay phone to phone by scanning a QR code
Features:
No risk of identity theft. Authenticate only the money.
Charge backs eliminated.
Proxima Wallet
http://www.proxima.io/#home
Loop
http://www.looppay.com/
Review: http://www.theverge.com/2014/2/1...
Use Cases:
Pay with your phone
Usable with traditional credit card reader
Load an unlimited number of cards, including gift cards and loyalty cards
Pay with the FAB that attaches to your phone when it is not attached to your phone using a default card
Save ID card to phone
Features:
Approximates NFC by "tricking" the card reader by transmitting wireless magnetic data
Works at 90% of retailers
Isis - Android, iOS
https://www.paywithisis.com/
Use Cases:
Mobile wallet holds offers and loyalty cards from participating merchants
Coin
https://onlycoin.com/
Use cases:
Replaces all of your cards with one card
Mobile app can store an unlimited number of cards, coin card can store 8
"Our mobile app will allow you to add, manage and sync the cards that you choose to store on your Coin."
Take a picture of the card, and swipe the coin through a device to add it
Ven
http://www.ven.vc/about
"Ven is a global digital currency that's easy to use and great for the environment."
Use Cases:
Online wallet
Buy items online
Setup payment/invoice pages
Features:
Using the system gives you access to Hubs around the world
Buy/sell hub stuff by using Ven
From comparison to Bitcoin:
"Hedge stability - from diversified asset banking"
"Transparent Social - linked to social network, HubID"
"Central exchange - a responsible reserve system"
"Asset basis - currencies, commodities, carbon"
"Meritocratic - works within existing regulatory system"
"Digital Accounting - big data ledger, transaction histories"
"Native Ecosystem - visible network, transaction tracing"
"$2.5M total - projected 2014 FX trades: $1B
"Helps nature - over 5 million Amazon trees saved to date"
Attributes:
Stable - "Ven is less volatile than the market"
Global
Secure
Green - Does not require extensive energy (i.e. CO2 emissions) to produce
For Developers:
http://developers.hubculture.com/
APIs:
Public Ven Price
Realtime Ven Price
FIX Market Trading
Mobile Device API
Authority
Screenshots:
Transactions: Ven-UseCase1-Transactions.png
Transactions Ledger: Ven-UseCase2-TransactionLedger.png
Content Micropayment: Ven-UseCase3-Content-MicroPayment.png
Store: Ven-UseCase4-Store.png
Ripple
https://ripple.com/client
Ripple is a payment network this is open source, decentralized, and free to use. It provides distributed clearing, settlement, and foreign exchange. There are web and iOS apps for making payments but, more importantly, Ripple can be used to bridge other payment networks and can be integrated with other wallet solutions.
Use Cases:
Bridge other payment networks
Payments in any currency or store of value (USD, EUR, BTC, gold, etc)
Wallet can hold any store of value
In-stream foreign exchange (payment senders and recipients need only deal in their preferred currencies, the network handles the exchange automatically)
Payments executed atomically, avoiding currency risk
Distributed clearing and settlement system (clearing takes 2-10 seconds)
Distributed foreign exchange platform that cross-currency payments take advantage of automatically
Remittances
Micro-transactions
Based on public-private key cryptography
Practically 0 network transaction fees (currently 1 USD can pay the network fees for more than 5 million transactions)
Regions & Currencies:
Currently, AUD, BTC, CAD, CHF, CNY, DOG (dogecoin), DYM (silver dimes), EUR, GBP, ILS, JPY, LTC (litecoin), NMC (namecoin), NXT (nxtcoin), TRC (terracoin), USD, XAG (silver), XAU (gold), XRP (ripple native currency)
Network is global
All that is needed to use Ripple in another region or currency is for a 3rd party to start a gateway. Gateways accept and store currency outside of the network and issue IOUs for customers to use on the network
For Developers:
Source code for backend, frontend, and developer tools is open source and on Github: https://github.com/ripple
RPC and Websocket APIs available, REST API is in beta
Wiki and Developer Portal have documentation and other resources
Ripple Wallet: Ripple wallet.png
Send Ripple: Ripple send.png
Receive Ripple: Ripple recieve.png
Trade XRP: Ripple trade.png
Establish trust with another node in the Ripple network: Ripple trust.png
More Info: https://ripple.com/ripple_primer...
OpenTransact
http://www.opentransact.org/
OpenTransact vs. PaySwarm:
Manu Sporny, Webpayments: PaySwarm vs. OpenTransact Shootout, http://manu.sporny.org/2011/web-...
Pelle Braendgaard, OpenTransact the payment standard where everything is out of scope, http://stakeventures.com/article...
OpenTransactions
http://opentransactions.org/
(from: https://en.bitcoin.it/wiki/Open_...)
"A financial crypto and digital cash software library."
Features:
Centralized transaction system
untraceable anonymous (versus pseudonymous) transactions
no latency (instant finality of settlement / no risk of double spending)
"Untraceable Digital Cash (real blinded tokens)"
"Anyone An Issuer (Ricardian-style Contracts)"
"Bearer-only, Fully-Anonymous (when used cash-only)"
"Pseudonymous User Accounts (user account == PGP key)"
"No Account History (asset account == the last receipt)"
"Many Financial Instruments (cheques, cash, vouchers, invoices...)"
"Basket Currencies (10 "baskets" == 5 gold, 3 silver)"
"Markets with Trades (stop, fill-or-kill, limit orders...)"
"Payment Plans"
"Moneychanger (Qt-based desktop client)"
For Developers:
API (http://opentransactions.org/wiki...)
Loom
https://loom.cc/help
"Loom is a system which enables people to transfer ownership of any kind of asset privately and at will."
Magic Money
http://www.csee.umbc.edu/~woodco...
"Magic Money is a publicly available digital cash system, using PGP, the Chaum protocols for blind signatures, and the email system to offer an on-line transaction system."
Opencoin
http://opencoin.org/
"The opencoin project is about "digital cash". We develop a protocol to use the original idea of electronic cash in daily life. For this we also develop a system consisting of minting software, wallet software and everything that is necessary to have a system for anonymous electronic transactions."
Public Key Transaction Processor
https://www.facebook.com/publick...
Ricardo
http://wiki.dgcmagazine.com/inde...
"Ricardo is an architecture for Internet payment systems originally developed by Ian Grigg and Gary Howland of Systemics, Inc. in 1995, and has continued under development by Ian Grigg through 2013. The underlying design goal of Ricardo as a payment system was to support financial trading, the toughest of all Internet payment scenarios."
Truledger
http://truledger.com/
"Truledger is an anonymous, digitally-signed general ledger and trading system."
Voucher-Safe
http://www.voucher-safe.com/inde...
Micro Payment Transfer Protocol (MPTP) Version 0.1
http://www.w3.org/TR/WD-mptp
"This is a W3C Working Draft for review by W3C members and other interested parties."
"A protocol for transfer of payments through the services of a common broker is described."
Common Markup for micropayment per-fee links
http://www.w3.org/TR/Micropaymen...
"This specification provides an extensible way to embed in a Web page all the information necessary to initialize a micropayment (amounts and currencies, payment systems, etc). This embedding allows different micropayment electronic wallets to coexist in a interoperable manner."
Last modified 11 months ago
WebPaymentsUseCases
Highlights
There are several Cryptocurrencies, and cryptocurrency related technologies:
Bitcoin, LiteCoin, Anoncoin, ZeroCoin, NameCoin, Colored Coins, MasterCoin, Bitshares, Counterparty, Ethereum, Dodgecoin, Nxtcoin, TerraCoin, Peercoin, KryptoKit Bitcoin Wallet, KnCWallet, Coinbase, BitPay
There are several APIs tailored specifically for developers:
Stripe, Balanced, BrainTree, WePay, Paymill, GoCardless, Coinbase, Ven, BitPay, ClickandBuy, 2checkout
There are technologies that allow for a prepaid card:
NetSpend, PaySafeCard
There are technologies that allow for new uses for magnetic strip card readers:
Coin, Loop
There are several technologies that rely on magnetic card readers attached to a mobile device:
Square, Intuit GoPayment, WorldPay
There are technologies that allow for a prepaid card:
NetSpend, PaySafeCard, Netteller
There is a technology similar to prepaid card in that you get a number:
Ukash
Technologies that use NFC (near field communication) (Tap to Pay):
Isis, Google Wallet, Coinbase
There are technologies that rely on new "Internet of Things?" technologies:
Proxima (iBeacon technology == Bluetooth LE)
Technologies that use a QR-Code for POS (Scan to Pay):
Starbucks App, Ripple, Krypto Kit Bitcoin Wallet, BitPay, Coinbase, Monetas (OpenTransactions)
Technologies that allow you to buy before you visit the store:
PayPal, Square, GoPago, Starbucks Rewards
Technologies where you click on a button in a website to pay (Click to Pay): Coinbase
Technologies that allow payment with the app:
BlueVia, Western Union, Square (pay with your name), PayPal (check in to pay, order ahead, pay at table), Stripe, Braintree, Western Union, Starbucks Rewards (order ahead),GoPago, KnCWallet, Coinbase, Loop, Monetas (OpenTransactions)
Technologies that allow you to save cards in the app:
Braintree, Coin, Loop, Isis, Paypal
Subscriptions/Recurring Payments within API:
Stripe, BrainTree, 2checkout, Paymill, GoCardless, WePay, Coinbase, Balanced (not explicit, but possible)
Disputes within API:
Stripe, Braintree (void before settled, refund after settled), Balanced (refund for debit, reversal for credit), 2checkout (refund invoice, refund line item), Paymill (refunds)
Coupons/Discounts within API:
Stripe, Braintree, 2checkout
List Products in API:
2checkout
Conditional Payments within API:
WePay
Coupons/Discounts within the App:
Paypal, Starbucks Rewards
API allows for pre-authorization:
Paymill
Digital Wallet within the App:
Web Payments / PaySwarm
https://web-payments.org/specs/
Use Cases: https://web-payments.org/specs/s...
- Verifiable identity (Know Your Customer is built-in)
- Simple Web-based Payment Links
- Separated Machine-readable Asset Markup (the Asset) and Pricing Information (the Offer)
- Decentralized, Machine-readable Metadata (Assets and Services)
- Separation of Content from Licenses
- Micropayments to Thousands of Individuals
- Ability to re-sell digital content (automatic redistribution licenses)
- Recurring Payments
- Mobile Computing-based Purchase (NFC, Bluetooth LE)
- Point-of-Sale Device (Routing of purchase requests by vendor)
- Automated Vending (Routing of digital receipts by buyer)
- Currency Exchange (Automatic currency translation)
- Alternative Currencies (Support for Bitcoin, Ripple, Ven, etc.)
- Streaming Payments (Pay-as-you-go - pay based on usage)
- Crowd-funding (all-or-nothing funding models)
- Proof-of-Purchase and Verifiable Digital Receipts
- Conditional Redistribution (enable redistribution only when certain parameters are met - smart contracts)
- Complete verifiability (digital signatures on assets, listings, digital receipts, and identity)
- Reference: Tim Swanson, Great Chain of Numbers: a guide to smart contracts, smart property, and trustless asset management
- http://www.ofnumbers.com/the-guide/
This covers large portions of the Bitcoin world.
See especially:
Bitcoin
https://bitcoin.org/en/ "Bitcoin is an innovative payment network and a new kind of money."
Use Cases:
"Instant Peer-to-Peer Transactions"
"Worldwide Payments"
"Zero or low processing fees"
https://github.com/schildbach/bi...
"This document describes the possibilities of Bitcoin Wallet version 3.38+ to initiate and respond to payment requests."
- Scan-to-pay
- Tap-to-pay
- Click-to-pay
- In-app-payments
https://en.bitcoin.it/wiki/BIP_0070
"This BIP describes a protocol for communication between a merchant and their customer, enabling both a better customer experience and better security against man-in-the-middle attacks on the payment process."
Litecoin
https://litecoin.org/
Features:
Uses scrypt in proof-of-work algorithm
Anoncoin
https://anoncoin.net/
Use Cases:
Anonymity if the coin is used on TOR or I2P
Features:
Presently the only crytocoin that supports the I2P Darknet
Bitcoins untraceable to a wallet or ID
Zerocoin
http://zerocoin.org/
"Zerocoin is a proposed extension to the Bitcoin payment network that adds anonymity to Bitcoin payments."
NameCoin
https://www.namecoin.org/
Use Cases:
Basis for a decentralized domain name system
Features:
Based on Bitcoin
Further Information:
http://dot-bit.org/Namespace:Dom...
Colored Coins
http://coloredcoins.org/
"the open source standard for decentralized exchange"
Use Cases:
Chroma Wallet (http://chromawallet.com/)
"Next generation colored-coins wallet"
issue securities/tokens of any kind: shares, bonds, tickets, private currencies, smart property
Send and recieve colored coins
MasterCoin
http://www.mastercoin.org/
"The Master Protocol facilitates the creation and trading of smart properties and user currencies as well as other types of smart contracts. Mastercoins serve as binding between bitcoins (BTC), smart properties and smart contracts created on top of the Mastercoin Protocol."
Features:
Decentralized Exchange - "a way to trade their Bitcoin for Mastercoin or any other digital currency with out having to use a third party."
User currencies - tools to allow anyone, even non-developers, to create their own currency or commodity with their own rules
Smart Property - "Smart properties and smart contracts are digitized property rights and contracts rights, which may be transferred amount individuals and business entities via a protocol facilitated by the Bitcoin network."
Wallet - collection of saving addresses
Bitshares
http://invictus.io/bitshares.php
"Bitshares X is the first experiment in taking the ideas introduced by Bitcoin to the next level by producing trust-free digital assets that have the potential to track the price of anything" (https://docs.google.com/document...)
Features:
Transparent Blockchains
Unnecessary trust
Irreversible transactions
Income from transaction fees
Whitepapers:
https://docs.google.com/document...
http://static.squarespace.com/st...
Counterparty Windows OS, GNU/Linux OS
https://www.counterparty.co/
"A distributed financial market"
"Counterparty is a distributed financial system built on top of the Bitcoin blockchain. "
Use Cases:
Derivatives - "Leverage positions in currencies and commodities. Write a contract for difference with the terms you specify."
Stocks - "Start a company and issue stock to initial investors. Distribute dividends to your shareholders automatically."
Bets - "Issue trustless bets in the Counterparty ecosystem. Place a wager on any event with a Win/Loss outcome."
Ethereum - Platform (Windows, Mac OSX, Linux)
https://www.ethereum.org/
"A revolutionary new platform for applications"
Features:
Implementation of turing complete programming language combined with a blockchain
Dodgecoin
http://dogecoin.com/
"dogecoin is an open source peer-to-peer cryptocurrency, favored by Shiba Inus worldwide."
Nxtcoin
http://www.nxtcrypto.org/
Features:
"Nxt is a 2nd generation, scalable cryptocurrency offering a novel method of eco-friendly mining."
"Nxt is not an altcoin such as litecoin, peercoin, and others who have their code based on Bitcoin's source code are. It is brand new from scratch with its own code."
Terracoin
http://terracoin.org/
"Peer to peer decentralized digital currency with no central authority, no chargeback and low transaction fees."
Features:
Wallet, which is a collection of key pairs to create and sign transactions
A peer-to-peer currency based on Bitcoin
Peercoin
http://www.peercoin.net/
"Secure & Sustainable CryptoCoin"
Features:
"Proof-of-stake replaces proof-of-work to provide most of the network security."
(http://www.peercoin.net/assets/p...)
Permacredits
http://permacredits.org/
"The Local Currency for the Global Permaculture Movement"
Features:
The First Commodity Backed Crypto Currency
Florin Coin
http://www.florincoin.org/#home
Stripe - Web, iOS, Android
https://stripe.com/
Use Cases:
"Charge your customers in their own local currency"
"Pay out in any bank account"
"Accept payments from anyone, anywhere" (e.g. use Stripe Connect to collect transaction fees)
With Stripe Checkout, customers do not have to re-enter account information for any of the merchants connected Stripe accounts
For Developers:
"A set of unified APIs that instantly enable businesses to accept and manage online payments."
"Build platforms with Stripe and offer payments to your users"
- Authentication: authenticate to the Stripe API by providing one of your API keys
- Errors: conventional HTTP response codes to indicate the success or failure of an API request
- Versioning: new versions are released for stripe when the API is changed in a backwards incompatible way
- Expanding: include the ID of another object in the response query
- Metadata: allows for user specified description and metadata
- Charges: an object that is created when a debit or credit card is charged
- Customer: object that allows you to execute recurring charges and track multiple charges for the same customer
- Cards: store multiple cards for a customer for use when needed
- Subscriptions: method for charging of a customers card on a recurring basis
- Plans: pricing information for different products and features on your website
- Coupons, Discounts: listing and application of discounts for customers (loyalty programs?)
- Invoices: "statements of what a customer owes for a particular billing period"
- Invoice Items: add a charge or credit to a customers account, but only perform the action at the end of the regular billing cycle
- Disputes: an object is created when a customer disputes a charge to their bank account or credit card
- Transfers: an object is created when Stripe sends money or a transfer is initiated with a third party bank
- Recipients: "Transfer money from a Stripe account to a third party bank account" (https://stripe.com/docs/api)
- Application Fees: an object is created when a fee is taken from a Stripe account
- Account: see properties of a Stripe Account
- Balance: object representing Stripe Balance
- Events: show interesting things for a Stripe Account
- Tokens: charge credit cards or send payments to bank accounts without holding sensitive information on your servers
- Intuit GoPayment
- http://www.intuit-gopayment.com/
Use Cases:
Accept payments through mobile phone by swiping of a credit card on an encrypted card reader
Allow up to 50 user accounts
Invalidate charges and send receipts again
View history and import to Quickbooks
Apply sales tax with geolocation
Square - iOS
https://squareup.com/
Use Cases
Square Wallet:
Customers can pay with their phones where square is used.
Square wallet starbucks1.jpg Square wallet starbucks2.jpg Square wallet starbucks3.jpg Square wallet starbucks4.jpg
Square Cash:
Send and request money for free with the use of a debit card and an e-mail address.
Skrill
https://www.skrill.com/ (look into mobile)
Use Cases:
Connect all your payment options and use them without revealing any financial details
Bank and credit card details are never revealed
Send money instantly to anyone with an email address
Digital wallet
Features:
- Chargeback protection
- Fast integration
- Anti-fraud screening
- Accept secure ‘password only’ payments in 40 currencies from over 36 million people worldwide
BrainTree - Web, iOS, Windows, Android
https://www.braintreepayments.com/
Use Cases:
Accept payments in your App or Website
One Touch Payments in mobile with Venmo Touch, no entering personal information or card number
card information encrypted and stored on BrainTree's servers
Acceptance of payments in over 130 currencies, and deposit into U.S. bank account in 13 currencies
Client side encryption of payment information with Braintree.js before being sent to your servers
API
Manage credit cards, subscriptions, and transactions
API libraries in Ruby, PHP, Python, Java, Perl, Microsoft.NET, Node.js
Every merchant user has a unique set of API keys
use Braintree.js to encrypt card information before it is transmitted (client-side encryption)
Forms to embed in your website to get paid with Braintree
Secure credit card storage -- put in plans as tokens
Plan attributes: id, name, description, trial period, billing day of the month, number of billing cycles, amount, currency, billing cycle
Recurring billing, subscriptions
Automatic notifications with webhooks -- POST requests sent to a chosen URL
Add AJAX to payment form
Partners API to offer online credit card processing to customer
Refund transactions
Merchants can change what shows up on the customers credit card statement
Delete customers
Describe customer details
Search for customers and attributes
Use HTML fields with transparent redirect to create and update customers
Also use transparent redirect to update a customer's credit card and billing address
Use the customer create API and transparent redirect to create credit cards, verify the cards with card verification API
Search for card verifications
Save up to 50 addresses per customer, also: update, delete, search, add details and timestamps, perform validations of address
Subscriptions with included trial period [properties: balance, create, cancel, details, dynamic descriptors, search, update, retry change, validations]
Create add-ons or discounts with attributes: id, name, description, amount, number_of_billing_cycles
Use the all method to return all plans
Plan attributes [id, billingdayOfMonth, billingFrequency, currencyIsoCode, description, name, numberOfBillingCycles, price, trialDuration, trialDurationUnit, trialPeriod, createdAt, updatedAt, addOns.first.name, discounts.first.name
Use the all method to return all discounts
Discount attributes [id, amount, description, kind, name, neverExpires, quantity, numberofBillingCycles, currentBillingCycle, createdAt, updatedAt
Merchant accounts properties: overview {onboarding: creating a merchant account on behalf of a sub merchant - allows for transaction and service fees, "holding funds in escrow, and "releasing escrowed funds", confirmation {approved or declined}, create, details, find, result handling, update, validations
Settlement batch summary aggregated by card type, date, custom field, records data signature
Webhooks delivered via HTTP POST requests, notifications as signed XML payloads
(continue with https://www.braintreepayments.co...)
PayPal
World Pay - Web, iOS, Android
http://www.worldpay.us/
Use Cases:
In person payment processing solutions
Accept debit, credit cards, checks, and electronic benefits transfer
Counter top terminals, web enabled terminals, and industry specific
PC compatible magnetic stripe reader and PIN pad with web enabled terminals
Skip signatures on small tickets
Split balances between multiple cards to protect from payment fraud
Accept payments with an Apple or Android phone or tablet with card reader and app
Feature to key transactions manually
Accept payments with wireless terminal
Access to account information through web browser
World Pay Accounting Plugin For Quickbooks
Collect recurring payments from your customers' credit cards or bank accounts with ACG direct debit
Set up payment plans for purchases that customers could not otherwise afford
Features:
End-to-End Encryption from the time the card is swiped to authorization
PCI compliant
SSL, tokenization, address verification system, and credit card security code for fraud protection
Reporting tools:
Manage Chargebacks
Real time reporting of recent transaction data such as refunds in addition to authorization amount, settlement date, and more
Self service tools allow editing of business and account information, management of user accounts, management of terminals, and ordering of supplies
Four step payment process: payment transmission to WorldPay's processing systems after the card is swiped, authorization by verification of payment details by WorldPay and by an authorization request with the necessary details to the appropriate financial institution, verification by the financial institution through validation of the authorization information and checking whether their are sufficient funds in the customer's account, approval if funds exist and information is correct
next business day settlement and credit and debit card sales
WePay - iOS,
https://www.wepay.com/ (look into mobile)
"A Flexible Payments API built specifically for Platforms" --"built for marketplaces, crowdfunding, and small business software"
Use Cases:
Let users accept social payments
Use Oauth2 to let users create a WePay account with a pop-up on your site
Collect payment information with an embedded form or a custom form
embedded form handles data validation, PCI compliance, and more
custom data checkout form to pass credit card to WePay directly where it is stored and given a unique token so customers may be charged in the future
Use subscriptions to automatically charge customers at regular intervals
Use delayed payouts to take payments immediately but delay the merchants access to the funds
Generate revenue by applying your own transaction fees to payments on your platform
Deposit payments directly to user's bank accounts
Features:
Protection with Veda, a proprietary social risk engine
API:
Merchant Category Codes to Classify Businesses
Instant Payment Notifications to track the state changes of payments, accounts, and other API objects asyncronously
https://www.wepay.com/developer
Balanced Payments Web, iOS, Android
https://www.balancedpayments.com/
Use Cases:
Accept credit cards and ACH debit payments from your customers.
Use with any card processor or as a stand-alone service for same-day bank deposits.
Combine card processing and bank payouts with escrow.
Balanced provides client libraries and a RESTful API for you to easily integrate.
Decide when to disburse funds
Define your own fee structure
Features:
Completely white-labeled
No monthly fees. No setup fees. No recurring fees.
API:
Authentication
Uses HTTPS with a secret key
API Keys - API Key Secret to Perform Authenticated Requests [properties: create, fetch, list, delete]
Bank Accounts - resource that represents a bank account [properties: create, fetch, list, update,delete, associate with customer, debit]
Bank Account Verifications - verify ownership of a bank account using micro-donations [properties: create, fetch and confirm a bank account]
Callbacks - receive information at a URL of your choice [properties: create, fetch, list, delete]
Cards - represents a credit card [properties: create, fetch, list, update, deleting, associate, charge]
Card Holds - authorization that reserves a dollar amount on a credit card to be debited on a later date [properties: create, fetch, list, update, capture, void]
Credits - transaction sending money to a bank account [attribute: status: pending, succeeded, failed] [properties: create, fetch, list, list for a bank account, update]
Customers - represents a business of person [resources: card, bank account] [properties: create, fetch, list, update, delete, associate a card, associate a bank account]
Debits - represents a transaction of charging money, perhaps from a Debit or Bank Account [status: pending, succeeded, failed] [properties: create a card debit, create a bank account debit, fetch, list, update, refund]
Events - systemic events that applications may subscribe to with a call back. Published with HTTP GET and HTTP POST. [properties: fetch, list]
Orders - "construct that logically groups related transaction operations for a particular seller" [properties: create, fetch, list, update]
Refunds - "represents a refund of a Debit transaction" [properties: create, fetch, list, update]
Reversals - "reversal of a credit transaction" [properties: create, fetch, list, update]
(note: there is an overview section that you did not go over)
2checkout
https://www.2checkout.com/
Use Cases:
Automatic fraud protection
Accept credit cards and PayPal
Recurring billing
REST-based Payment API
Features:
Monitor account status and history (outgoing, incoming, charts, etc.)
Works with multiple shopping carts
For Developers:
https://www.2checkout.com/docume...
Amazon Payments
https://payments.amazon.com (check for mobile)
Use Cases
Get name, email, zipcode on login via Amazon button
Buy via mobile
One-time payments: supports simple one-time payments
Recurring payments: lets customers schedule recurring payments
Deferred payments: gives you the control to charge the customer when you want
Multi-use payments: enables you to charge the customer multiple times based on a single authorization
Marketplace payments: facilitates multi-payment needs between buyers and sellers in a marketplace
Micropayments
Dwolla
https://www.dwolla.com/
Use Cases:
Pay friends through email, phone, LinkedIn or Twitter.
Eliminate paper checks - Cheaper and faster than sending or receiving paper checks.
Cut out credit card fees.
Operate as an agent of a financial institution.
Payments for web and mobile apps - simple payment buttons, an offsite checkout gateway and OAuth + a RESTful API.
Features:
No percentages. No hidden fees. Just 25¢ per transaction or free for transactions $10 or less.
Pay up to 2,000 people at once with MassPay, just upload a CSV file
Set up recurring payments
Enable auto-withdrawal
Request money
Attach an invoice
WebMoney
http://www.wmtransfer.com/ (check for mobile)
Use Cases:
Enter into legally binding contracts
3rd party contract arbitration
Budget automation
Shared financial accounts (multi-party accounts w/ multiple managers)
Crowdfunded loans
Buy and sell debt on an open market
Peer-to-peer loans via trust limits
Mass payments to thousands of individuals
Mobile-based two-factor authorization of large payment amounts
Electronic checks where payment is made to the bearer of the digital check
SMS-based peer-to-peer payment
real-time, offline mobile to mobile payments
Allows the escrow of funds to be released when a certain business transaction is successful
Login mechanism using bank-issued OpenID
Ukash
https://www.ukash.com/ (check for mobile)
Use Cases:
Convert cash into 19-digit number which you can use to spend at stores
Redeem online or at Moneygram locations
Features:
Free to use money once converted to ukash.
Netteller
http://www.neteller.com/ (check for mobile)
Use Cases:
Deposit money into eWallet from credit card or bank account
Withdraw money from eWallet to bank account
Pay at online stores supporting Netteller
Pay friends and family
eWallet tied to Mastercard card
Multiple currency accounts
ClickandBuy
https://www.clickandbuy.com/
Use Cases:
Mobile-optimized QR-code based payment page
View all credits and transactions
Multi-device compatibility - Make purchases on all end devices (PC, tablet, smartphone) including in-app possibilities
Diversity - Integration of all standard payment procedures such as credit card, debit card, direct debit and bank transfer
Sales with new customers - Easier transactions even for new customers thanks to carefully simplified payment processes
Micropayments - Attractive conditions even for the smallest amounts
Discretion - Secure storage of bank and credit card details
Simplicity - Simple, secure payment with just a few details (new customers) or w/ username and password (registered customers)
Speed - Even quicker payment with one-click payment
Flexible payment models - Supports one-click payment as well as single and partial payment, payment in instalments, subscription and auto top-up
Flexibility - Convenient payment on all end devices
Increased sales - Increased sales through target-group-specific e-mail, mobile and online marketing
Purchasing benefits - Attractive welcome, discount and incentive offers in cooperation with shop partners
Features:
Security - Protected by TÜV-approved and PCI-DSS-certified security technology of the highest quality
Cost-savings - No basic monthly fee, no contract periods, payment methods as desired
Payment security - All payments checked using a well-established risk management system to prevent fraud and defaults
Transparency - All transactions can be managed and monitored at all times via the merchant service area
Overview - Transactions and account balance can be viewed in any place at any time, on mobiles using the smartphone app
International character - Purchases can be made in 120 currencies and 193 countries
Protection - Additional protection for delivery items
PaySafeCard
https://www.paysafecard.com/
Use Cases:
Purchase PaySafeCard at nearest sales outlet in varying amounts
Purchase at Web Shops by entering a 16-digit paysafecard PIN
The two cases above allow for payments online without a bank account or credit card
Make larger payments with up to 10 PaySafeCard PINs
PaySafeCard App
Find sales outlets in your area
Veiw your PaySafeCard balance
Deposit into your Skrill digital wallet
Western Union - Mobile App - iOS, Android
http://www.westernunion.com/mobi...
Use Cases:
Send money anywhere and anytime to over 200 countries ans territories
Pay bills to hundreds of companies with more businesses added daily
Track the transfer of the money
Find agent locations, directions, and lists of hours and services
Estimate the cost of transaction before sending money
Manage account and view past or pending transactions
"update your contacts, manage your profile and payment methods including credit card, debit card or bank account"
Westernunion mobile 1.png Westernunion mobile 2.png Westernunion mobile 3.png Westernunion mobile 4.png Westernunion mobile 5.png
Paymill - Web, iOS, Android
https://www.paymill.com/
Use Cases:
Customers can pay directly on the developers website
Payments processed in 100 currencies
Only successfully closed transactions paid for
Comprehensive risk and anti-fraud measures
Payments paid in 23 different currencies
Credit cards from around the world accepted
Refund payments
Subscription based payments
API:
Implemented with REST
All response objects delivered as JSON objects
test keys and live keys included
Requests made with https
Response codes for JSON objects such as transactions and refunds
Different list views for different entities in the API
Sort JSON response objects in the way you have requested
payment objects represented by a credit card or through direct debit
specific payment details with unique identifier
Function returning a JSON object with a list of payments
Function removing a specified payment
Preauthorization object to reserve money from a clietns eridt card and execute a transaction later
List payments, preauthorizations, transactions, refunds, clients, offers, subscriptions, webhooks
Remove preauthorizations
Transaction object with a unique identifier for charging of a credit card or a direct debit
create a token or a payment object before executing a transaction
Recieve details of an existing transaction with a transaction ID
Refunds with their own calls for existing transactions, refunded to the account of the client (with a fee for every refund)
Clients object to edit, delete, and update clients in addition to allowing refunds, subscriptions, inserting of credit card details
Export client list as a CSV object
Offer object which represents a recurring plan (over different periods) that a user can subscribe to
Update and remove offers
Subscriptions to charge recurring payments on a credit card or a direct debit ... connects to offers object
Use Webhooks to react automatically to certain events in Paymill's system, HTTP POST to a URL or send information to an e-mail
Various internal objects lacking an public API endpoint: Fee Object, Invoice Object, Merchant Object, Payment method Object
Paymill libraries in Java, JS, .NET, PHP, Python, Ruby
Features:
All data in Paymill is encrpyted
PCI DSS Level 1 compliant
All credit card data is represented by token and private key only
3D-Secure XML based protocol available (see: en.wikipedia.org/wiki/3-D_Secure)
Mobile SDK
Available for both iOS and Android
Delivered as a framework a Bundle for iOS and a JAR file for Android
GoCardless
https://gocardless.com/
"UK's leading online Direct Debit provider"
Use Cases:
Customers set up with direct debit in seconds by requests by e-mail or on your site (linked to GoCardless payment page)
Payment submission and payment tracking online
Bank details stored securely
Notifications sent for compliance
control when you get paid with direct debit
Automatically retry failed payments
Dashboard
Status reports of all your payments and customers
E-mail notification when a payment fails or a customer cancels
Export data for use in other apps
Upload a CSV to do business with multiple customers at once
Link your page to GoCardless' page, request payments from the dashboard
Automate recurring payments
Developers:
Add a checkout button to your site or e-mails
Integrate with accounting software
REST API with Webhooks
Automate your payments at any time with just one line of code
RSA encryption and secure communication for customer data
Easy to use API libraries allow for simple integration with a website
API:
Three resources that can take payments: bill, subscription, an pre-authorization
Bill - payment from a customer's bank account
Subscription - resource that will create a bill after a defined interval of time
Pre-authorization - enables the developer to take variable payments without further action from the customer
Payouts - payment made from GoCardless to a merchant's bank account
Merchant - organization collectiong payments in one of three ways: one-off bills, subscriptions, and pre-authorizations
user - something that has a bill, subscription, or pre-authorization with the merchant
Webhook - HTTP POST to GoCardless to notify your server of changes to a resource
With payment timings the amount and date of the next transaction will be illustrated, which is less than or equal to the viewable existing balance
Official libraries in PHP, Ruby, Python, Node.js, .NET, and Java
Community libraries for Wordpress, Clojure, and Perl
Filtering in the URL to cut down the number of objects returned leading to faster API response time
Optional pagination for when endpoints contain multiple records
Pre-population of users payment pages on GoCardLess
Webhooks in the form of POST requests sent to the when a resource changes status
POST data contains information generated with the merchants "app secret" to prevent invalid web hooks
Available Webhook objects: Bill (can be subscription or pre-authorization) [actions: created, paid, withdrawn, failed, cancelled, refunded, chargedback, retried], Pre-authorization [actions: cancelled, expired], Subscription [actions: cancelled, expired]
Partner API to "create and manage multiple merchants". This includes:
Partner account setup
Creating multiple merchants
Request [parameters: client_id, redirect_uri, scope, response_type]
Response
Exchange authorization code for access token, HTTP access request with app identifier and app secret [parameters: client_id, code, redirect_uri, grant_type]
Pre-populating information
Resources
Bill - "one-off payment from the user" - create one-off bill - confirm one-off bill - check the signature (use OAuth) - Complete the process - ..- list all bills - retrieve an existing bill - retry a failed bill - bill statuses
Merchant - collects payments in three ways: one-off bills, subscriptions, and pre-authorizations - attributes: retrieve merchant details,
Payout - payment made from go-cardless to a merchants bank account - objects: list all payouts (array of payout objects), retrieve an existing payout ("returns a payout object")
Pre-authorization - when merchant wants to collect variable direct debit from the customer until an expiration date
Subscription - recurring direct debit for a fixed amount until an expiration date
GoPago - Android, iOS, Blackberry
http://www.gopago.com/
Use Cases:
GoPago POS system
Live POS integrated with GoPago's mobile storefront which allows for ordering and paying
Mobile
Enter your payment information once, then pay by clicking a button
Locate stores, browse the menu, then order and pay before you arrive.
Gift credits for your friends and family
Exclusive deals from businesses you visit
Gopago android 1.jpg Gopago android 2.jpg Gopago android 3.jpg Gopago android 5.jpg Gopago android 6.jpg
Features:
PCI Compliance
Connected to Verizon 4G LTE
Includes tablet POS, receipt printer, credit card reader, cash box, and data
sales viewable through merchant portal
BlueVia
http://www.bluevia.com/
"global network for charge to mobile payment"
Use Cases:
Customers pay for digital goods using their mobile bill or prepaid account.
Customers pay with just one click
Can accommodate any content
Form filling, registrations, redirections, and card details avoided
Features:
Mobile payments delivered safely and securely.
Available in Argentina, Brasil, Chile, Columbia, Germany, Mexico, Spain, and the U.K.
(there is a mobile version, but what is this exactly?) (check out BlueVia Labs: http://labs.bluevia.com/en/home/B)
API:
SMS API - send and receive SMS, check the delivery status of sent SMS
Voice API - make and receive calls, create conferences, IVRs, ...
MMS API - send MMS with images, text, video, or audio from your APP
Libraries for Android, Java, .NET, PHP, and Ruby LGPL v3.0
Web Standards: OAuth, REST
Find the location of a user
Get Advertising
KryptoKit Bitcoin Wallet - Google Chrome Browser
http://kryptokit.com/ , Chrome Web Store (https://chrome.google.com/websto... KryptoKit Bitcoin Wallet
Use Cases:
Instant Bitcoin Wallet and secure Instant Messaging System that Runs in the Browser
Create a Bitcoin Wallet without usernames or passwords
Client Side Encryption, user data not sent to servers
Deposit to a wallet through a provided address or QR code
Extraction of Bitcoin addresses of the pages viewed to a bulleted list in the wallet window
Create, Import, or Export a BrainWallet (i.e. a Bitcoin address created from a passphrase)
Optional password protection of the Bitcoin wallet
One click backup of KryptoKit Data
Create GPG key and share the public key with anyone with which you want to communicate
Instant Message notifications within the browser
Bitcoin market charts in multiple currencies
Contact list to store most often used addresses
Bitcoin directory of places to spend Bitcoin
Click the Bitcoin address you wish to send Bitcoins to and enter the amount you wish to send
Clinkle
https://www.clinkle.com/
Not launched yet
Use Cases:
Mobile App for Mobile Wallet
Wallets linked to Credit Cards and Bank Accounts
Provide merchants with information about customers for targeted sales promotions
NetSpend - Web, iPhone, Android
http://www.netspend.com
Use Cases:
Register for an account and receive a card in the mail
Activate your card online or by phone
Deposit money through direct deposit of your paycheck or by visiting 100,000 Netspend locations
Make purchases anywhere Visa and MasterCard debit cards are accepted
Use at ATM
Through an online portal see transactions, balance, and deposits
Pay bills online either in the moment or schedule later
Receive SMS messages when money is available in your account
Create a budget
Mobile
transfer money to and from savings account
KnCWallet - Android
http://kncwallet.com/
Use Cases:
Send and receive Bitcoins using mobile phone contacts
Back up encrypted wallet to Google Drive and DropBox
Freshbooks
http://www.freshbooks.com
(example of what the above web payments solutions may integrate with)
Use Cases:
Cloud Accounting Software
Integration with various payment gateways such as stripe, PayPal, beanstream, Authorize.net, 2checkout.com, Braintree, eway, iTransact
Monetas - Platform
http://monetas.net/
Starbucks App - iPhone, Android
http://www.starbucks.com/coffeeh...
Use Cases:
Pay with your phone (though a barcode scan displayed on the phone's screen)
Earn stars toward Starbucks rewards
Get directions to nearest Starbucks store
Obtain information about beverages, food, and nutrition
Listen to pick of the week songs
Send eGifts to contacts
Be the first to hear of special offers
Reload by cash at the register with a minimum of $5.00
Reload by Paypal, or choose an existing Starbucks gift card
For iPhone:
Starbucks iPhone MyCards.png Starbucks iPhone Reward.png Starbucks iPhone eGift.png Starbucks iPhone Home.png Starbucks iPhone locationfinder.png
For Android:
Starbucks Android wallet.jpg Starbucks Android rewards.jpg Starbucks Android rewards2.jpg Starbucks Android locationfinder.jpg Starbucks Android reload card.jpg
Coinbase - Web, Android, iPhone, SMS
http://www.coinbase.com
Use Cases:
Mobile Wallet
Add bank account to buy or sell Bitcoin in minutes
Free payment processing to $1M, 1% after
Receive the exact amount of local currency you price your products at (no exchange rate risk)
No chargebacks with Bitcoin
Wallets and private keys stored with AES-256 encryption. Coinbase runs on SSL.
97% of consumer funds are stored offline in bank vaults
Two factor authentication on all coinbase accounts: enter a code from a mobile phone in addition to username and password
https://coinbase.com/docs/mercha...
Features:
SQL injection filters to prevent CSRF attacks
Hashed passwords, strong password check, application credentials separated from the code base and database
variety of actions rate limited, such as password attempts
"We whitelist attributes on all models to prevent mass-assignment vulnerabilities"
API:
REST based API available to apps and websites
https://coinbase.com/docs/api/ov...
Hive Mac OSX
Features:
Easy to create a Bitcoin wallet
Coins - "Create and organize your contacts; send and receive bitcoins in a matter of seconds."
Built in apps included
Backup through Drop Box and Time Machine
Easy to Use
Security - "Security is our primary goal. Be safe while you enjoy the Bitcoin ecosystem with Hive!"
BitPay
https://bitpay.com/
Use Cases:
The merchant receives their local currency while you pay in Bitcoins
Pay phone to phone by scanning a QR code
Features:
No risk of identity theft. Authenticate only the money.
Charge backs eliminated.
Proxima Wallet
http://www.proxima.io/#home
Loop
http://www.looppay.com/
Review: http://www.theverge.com/2014/2/1...
Use Cases:
Pay with your phone
Usable with traditional credit card reader
Load an unlimited number of cards, including gift cards and loyalty cards
Pay with the FAB that attaches to your phone when it is not attached to your phone using a default card
Save ID card to phone
Features:
Approximates NFC by "tricking" the card reader by transmitting wireless magnetic data
Works at 90% of retailers
Isis - Android, iOS
https://www.paywithisis.com/
Use Cases:
Mobile wallet holds offers and loyalty cards from participating merchants
Coin
https://onlycoin.com/
Use cases:
Replaces all of your cards with one card
Mobile app can store an unlimited number of cards, coin card can store 8
"Our mobile app will allow you to add, manage and sync the cards that you choose to store on your Coin."
Take a picture of the card, and swipe the coin through a device to add it
Ven
http://www.ven.vc/about
"Ven is a global digital currency that's easy to use and great for the environment."
Use Cases:
Online wallet
Buy items online
Setup payment/invoice pages
Features:
Using the system gives you access to Hubs around the world
Buy/sell hub stuff by using Ven
From comparison to Bitcoin:
"Hedge stability - from diversified asset banking"
"Transparent Social - linked to social network, HubID"
"Central exchange - a responsible reserve system"
"Asset basis - currencies, commodities, carbon"
"Meritocratic - works within existing regulatory system"
"Digital Accounting - big data ledger, transaction histories"
"Native Ecosystem - visible network, transaction tracing"
"$2.5M total - projected 2014 FX trades: $1B
"Helps nature - over 5 million Amazon trees saved to date"
Attributes:
Stable - "Ven is less volatile than the market"
Global
Secure
Green - Does not require extensive energy (i.e. CO2 emissions) to produce
For Developers:
http://developers.hubculture.com/
APIs:
Public Ven Price
Realtime Ven Price
FIX Market Trading
Mobile Device API
Authority
Screenshots:
Transactions: Ven-UseCase1-Transactions.png
Transactions Ledger: Ven-UseCase2-TransactionLedger.png
Content Micropayment: Ven-UseCase3-Content-MicroPayment.png
Store: Ven-UseCase4-Store.png
Ripple
https://ripple.com/client
Ripple is a payment network this is open source, decentralized, and free to use. It provides distributed clearing, settlement, and foreign exchange. There are web and iOS apps for making payments but, more importantly, Ripple can be used to bridge other payment networks and can be integrated with other wallet solutions.
Use Cases:
Bridge other payment networks
Payments in any currency or store of value (USD, EUR, BTC, gold, etc)
Wallet can hold any store of value
In-stream foreign exchange (payment senders and recipients need only deal in their preferred currencies, the network handles the exchange automatically)
Payments executed atomically, avoiding currency risk
Distributed clearing and settlement system (clearing takes 2-10 seconds)
Distributed foreign exchange platform that cross-currency payments take advantage of automatically
Remittances
Micro-transactions
Based on public-private key cryptography
Practically 0 network transaction fees (currently 1 USD can pay the network fees for more than 5 million transactions)
Regions & Currencies:
Currently, AUD, BTC, CAD, CHF, CNY, DOG (dogecoin), DYM (silver dimes), EUR, GBP, ILS, JPY, LTC (litecoin), NMC (namecoin), NXT (nxtcoin), TRC (terracoin), USD, XAG (silver), XAU (gold), XRP (ripple native currency)
Network is global
All that is needed to use Ripple in another region or currency is for a 3rd party to start a gateway. Gateways accept and store currency outside of the network and issue IOUs for customers to use on the network
For Developers:
Source code for backend, frontend, and developer tools is open source and on Github: https://github.com/ripple
RPC and Websocket APIs available, REST API is in beta
Wiki and Developer Portal have documentation and other resources
Ripple Wallet: Ripple wallet.png
Send Ripple: Ripple send.png
Receive Ripple: Ripple recieve.png
Trade XRP: Ripple trade.png
Establish trust with another node in the Ripple network: Ripple trust.png
More Info: https://ripple.com/ripple_primer...
OpenTransact
http://www.opentransact.org/
OpenTransact vs. PaySwarm:
Manu Sporny, Webpayments: PaySwarm vs. OpenTransact Shootout, http://manu.sporny.org/2011/web-...
Pelle Braendgaard, OpenTransact the payment standard where everything is out of scope, http://stakeventures.com/article...
OpenTransactions
http://opentransactions.org/
(from: https://en.bitcoin.it/wiki/Open_...)
"A financial crypto and digital cash software library."
Features:
Centralized transaction system
untraceable anonymous (versus pseudonymous) transactions
no latency (instant finality of settlement / no risk of double spending)
"Untraceable Digital Cash (real blinded tokens)"
"Anyone An Issuer (Ricardian-style Contracts)"
"Bearer-only, Fully-Anonymous (when used cash-only)"
"Pseudonymous User Accounts (user account == PGP key)"
"No Account History (asset account == the last receipt)"
"Many Financial Instruments (cheques, cash, vouchers, invoices...)"
"Basket Currencies (10 "baskets" == 5 gold, 3 silver)"
"Markets with Trades (stop, fill-or-kill, limit orders...)"
"Payment Plans"
"Moneychanger (Qt-based desktop client)"
For Developers:
API (http://opentransactions.org/wiki...)
Loom
https://loom.cc/help
"Loom is a system which enables people to transfer ownership of any kind of asset privately and at will."
Magic Money
http://www.csee.umbc.edu/~woodco...
"Magic Money is a publicly available digital cash system, using PGP, the Chaum protocols for blind signatures, and the email system to offer an on-line transaction system."
Opencoin
http://opencoin.org/
"The opencoin project is about "digital cash". We develop a protocol to use the original idea of electronic cash in daily life. For this we also develop a system consisting of minting software, wallet software and everything that is necessary to have a system for anonymous electronic transactions."
Public Key Transaction Processor
https://www.facebook.com/publick...
Ricardo
http://wiki.dgcmagazine.com/inde...
"Ricardo is an architecture for Internet payment systems originally developed by Ian Grigg and Gary Howland of Systemics, Inc. in 1995, and has continued under development by Ian Grigg through 2013. The underlying design goal of Ricardo as a payment system was to support financial trading, the toughest of all Internet payment scenarios."
Truledger
http://truledger.com/
"Truledger is an anonymous, digitally-signed general ledger and trading system."
Voucher-Safe
http://www.voucher-safe.com/inde...
Micro Payment Transfer Protocol (MPTP) Version 0.1
http://www.w3.org/TR/WD-mptp
"This is a W3C Working Draft for review by W3C members and other interested parties."
"A protocol for transfer of payments through the services of a common broker is described."
Common Markup for micropayment per-fee links
http://www.w3.org/TR/Micropaymen...
"This specification provides an extensible way to embed in a Web page all the information necessary to initialize a micropayment (amounts and currencies, payment systems, etc). This embedding allows different micropayment electronic wallets to coexist in a interoperable manner."
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