PayCircle, a technology vendor-driven consortium for establishing mobile payments standards, has issued a Web services specification for public review. The spec contains WSDL sources, XML schema definitions and supporting documents.
The PayCircle consortium was formed January 2002 to define standard APIs for mobile payments, regardless of the payment systems used by application or service providers. Currently the large number of incompatible payment systems has hindered the growth and uptake of m-commerce.
"We are also quite pleased with our liaison work established between PayCircle and other organisations like Mobile Entertainment Forum, Radicchio and Infrared Data Association," says PayCircle president, Hans Wolf. "Our successful collaboration efforts with industry fora will help guarantee alignment with other industry standards, and eliminate the type of confusion and fragmentation seen in the industry over the past several years."
PayCircle board members include CSG Systems, Hewlett-Packard, Oracle, Siemens and Sun Microsystems.