Receiving money and sending money over the Web needs to be simpler. Pulling out your credit card or signing in to a payment website over and over again is not simple. Sending or receiving money over the Web needs to be as simple as sending or receiving an e-mail.
PaySwarm is an open standard for making payments on the web easier. The technology is being developed at the World Wide Web Consortium (W3C), the same people that have made the Web what it is today.