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Among other things, the freshmen's proposal would do more than the current Senate bill to push insurers to use a standardized payment process.
Implementing a standardized payment protocol was a natural fit.
Theres a lot of transactions taking place outside of eBay and theres no standardized payment solution, Boyd said.
And while OpenSocial's Director of Engineering David Glazer admitted that he didn't know the answer, he predicted that within the next year we'll see a standardized payment platform integrated into OpenSocial.
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Among the Nuba tribes, however, people used livestock for certain standardized payments such as bridewealth or gifts to kin relations.
Mr. Berners-Lee said he hoped that more standardized payments would open up new types of online commerce that aren't possible now.
You correctly point out that hospital and physician reimbursements are predetermined based on a system of standardized payments from Medicare or prenegotiated payments from private insurers.
Medicare does not actually pay the amount a hospital charges but instead uses a system of standardized payments to reimburse hospitals for treating specific conditions.
Facebook wanted to start earning a 30% cut on purchases made in games played on its website like Apple and Google earn on iOS and Android in-app sales, so it needed a standardized payments system.
Payers should use standardized approaches to payment to reduce complexity.
A key goal of the partnership is to accelerate the availability of a standardized and open payment platform for all app stores and content providers and to dramatically improve the customer experience.
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