POST /transactions/usd HTTP/1.1
Authorization: OAuth ... oauth_token="ad180jjd733klru7", ...
Content-length: 239

amount=10.00&to=you@example.com&memo=Milk

Payments and finance are today governed by lots of different incompatible complex legacy standards developed over the last 40 years. These standards make it hard to interoperate and innovate in the financial space.

OpenTransact aims to create the equivalent of the HTTP standard for financial transactions. It is based on established well known HTTP, REST and OAUTH standards. You can use the same standard and implementation code to handle everything from currency payments to loan issuance and stock trades.

How does it work?

See some of these common use cases: