Definition ∞ The HTTP Payment Standard defines a set of protocols and message formats for processing payments over the Hypertext Transfer Protocol. This standard facilitates secure and interoperable payment requests and responses between merchants and payment service providers. It aims to streamline online transactions across various platforms. This specification supports both traditional and digital currency payments.
Context ∞ The HTTP Payment Standard is relevant for integrating digital asset payments into mainstream web commerce. Discussions focus on adapting this standard to accommodate blockchain-based transactions, including wallet interactions and cryptographic proofs. Future developments involve further standardization efforts to enable seamless, browser-native cryptocurrency payments, improving user experience and reducing friction in digital asset spending.