ECML, or Electronic Commerce Modeling Language, is quickly becoming the industry standard for the way merchants set up the payment and shipping pages on their Web sites. As testament, CyberCash, Inc., announced they have extended their "Form Wizard" capability for the InstaBuy™ Agile Wallet™ platform to support ECML. Microsoft, Sun, IBM, Visa and MasterCard have also announced their support of ECML as the "standard."
The ECML standard encourages merchants to use a specified format to set up their payment pages so that consumers can use any electronic wallet that has implemented the standard. And, since CyberCash developed the first commercial electronic wallet, they are behind ECML. "We strongly support the ECML standard because itíll make shopping online easier for consumers and encourage the distribution of electronic wallets," said Jim Condon, president and COO, CyberCash.
"Providers of e-commerce products and services like CyberCash must continue to do everything they can to make e-commerce simple and, ultimately, ubiquitous," said Bill Melton, chairman of the board and CEO, CyberCash.
