Open Payments allows for seamless, secure, effortless payments over the web. The payments could be inter-wallet, cross-currency, and skips a few or all intermediaries in between the sender and the receiver.

Web Monetization is a new way to fund the open web. It allows people to make small, regular payments to the websites they visit, without the need for a third-party service. The payments are sent directly from the user's browser to the website's owner and can be used to fund anything from content to access to exclusive features.

Open payments are already making it to the mainstream and it is something that is exciting for Web engineers. I'm a grantee and will be participating in ILP Summit 2022 in a few days. I have compiled a list of guides and websites that helped me understand the next big thing in the world of open payments over the past few months.

1. [Proposal] Web Monetization - A new Revenue Model for the Web

One of the discussions on the proposal for the new revenue model for the web.

[Proposal] Web Monetization - A new Revenue Model for the Web - APIs - WICG

(UPDATED: 5 Sept 2019) An API that allows Websites to request a stream of very small payments from the user. Web Monetization is an alternative revenue model for the Web. It allows Websites to earn revenue from users without: Requiring users to sign-up to a subscription Needing to deliver content/services through 3rd-party platforms Advertising For a more detailed description, see the Explainer and track design discussion in the issue log. There is also an early Specification, which is obv...

discourse.wicg.io

2. Interledger

Interledger, is a payment messaging protocol that supports payments of any size, including micropayments. It allows payments to be aggregated and settled over existing payment networks, such as financial institutions and Visa/Mastercard. Web Monetization providers and receivers use Interledger to exchange payments.

3. Web Payments at W3C

4. Web Monetization Specification

5. Web Monetization Explainer

Web Monetization Explainer | Web Monetization

Web Monetization (WM) is a proposed API standard that allows websites to request

webmonetization.org

6. Payment Pointers

Payment Pointers are a standardized identifier for payment accounts, just like email id for sending emails. This is an explainer on everything you need to know about Payment pointers.

Explainer - Payment PointersExplainer | Payment Pointers

Payment Pointers are a standardized identifier for payment accounts.

paymentpointers.org

7. Rafiki.dev

Rafiki is an open-source software package that provides access to a wide range of Interledger APIs. It is designed to be used by wallet providers, enabling them to offer Interledger functionality to their customers.

Hello from Rafiki Documentation | Rafiki Documentation

Documentation for Interledger's Rafiki

rafiki.dev

8. How to Web Monetize your Content and Support Creators Online with Micropayments

9. Open Payments

An API standard that can be implemented by any account servicing entity such as digital wallets, banks, crypto-wallets, and mobile money providers.

10. Coil.com

Coil is a Web Monetization provider that provides its members access to web-monetized content.

Came across any other interesting reads? Share it in the comments.

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