ECML -- Electronic Commerce Modeling Language (fwd)
Fri, 18 Jun 1999 11:19:12 -0700
At 09:19 AM 6/18/99 -0700, Ka-Ping Yee quotes:
>Date: Fri, 18 Jun 1999 07:49:32 -0400
>From: Sally Khudairi <email@example.com>
>>From our friends at Online Reporter:
>OR 152-05 New Standard for Online Payments
>Several e-commerce players, including America Online, American
>Express, Compaq, CyberCash, IBM, Master Card, Microsoft, SETCo, Sun,
>Transactor Networks, Trintech and Visa, have banded together to
>provide a new universal format - an Electronic Commerce Modeling
>Language (ECML) - that promises to make e-commerce transactions with
>digital wallets easier.
It sounds like this is an attempt to standardize a protocol for
transferring the data you need for a credit card transaction. As such, it
ignores the significant market which does not qualify for credit cards.
One of the important segments of this market is teenagers, a well healed,
free spending group that can not today participate in net commerce without
the help of their parents.