Video instructions and help with filling out and completing Will Form 2220 Payments

Instructions and Help about Will Form 2220 Payments

Music and welcome to day 2 of Google i/o my name is Zack cook and I'm a product manager on the chrome team leading our web payments effort a special thank you for coming out and joining me at 8:30 a.m. which is very early and of course a special thank you and welcome to everyone on the livestream as well as anyone that's watching on YouTube later I'm really happy to be up here today talking to you all today about how we think about the future of web payments and how we're trying to really help users both our users and your users your customers have pain-free checkout experiences on the web but I thought I'd get started by giving a refresher on why we care about this space at all I think it stems from the fact that the web is better than ever you've probably heard it over and over again from Raul's keynote to all of our web Trac sessions that the web is really amazing these days you can build fast rich app like experiences like and in a really compelling and that line between what is web and what is app is more blurry than it's ever been we think this is an incredible opportunity and things like WebGL and polymer and serviceworkers all have these are all tools that can help you create these incredible experiences I think personally my favorite example of how far the web has come is the fact that you can literally circumnavigate the entirety of the Earth's surface directly inside of a browser tab these days so this is Google Earth running inside of Chrome and to me it just kind of blows my mind that you can do this on the web if you don't recognize this this is actually where we are right now with at Shoreline Amphitheatre which is the beautiful white tint where all the keynotes are and then of course we're in the back parking lot but it's a very nice parking lot so really incredible stuff but when you look at all this amazing progress there's one area that seems obviously behind and that's the way we buy things online because despite all of this great progress this is still what most check out flows look like it's the same questions the same form fields the same multi-step process like for all this great innovation we're still stuck here and I suspect this is very similar to the way checkout forms first worked when they launched in preparation for this talk I did a little bit of research and I discovered that the first online transaction was made in 1984 in someone's home by a 72 year old woman named mrs. snowflake which i think is just an incredible piece of fairly worthless trivia but I think that very little has changed in those years even though it's 2017 but I think the stats reflect that we need some change here long checkouts continue to be one of the leading causes of cart abandonment out there and it makes sense here's a question for you has anyone in here on a mobile device ever abandoned a transaction because the process was too long or cumbersome you can raise your hand oh my god that's way higher than the stat by the way so that's amazing um and me too and sometimes I tell myself I'm going to go back and I'll complete it on desktop later maybe I do maybe I don't the point is that doesn't lost opportunity to give users a really great experience here and to convert at that moment so we're quit literally losing money despite these challenges though mobile commerce is huge I mean mobile commerce in the US alone this year is expected to exceed 150 billion dollars that's all the more impressive when you consider the fact that mobile websites still convert about a third lower than their desktop or laptop counterparts so we have a lot of work to do and a huge opportunity here to really better the lives of our users and so every good platform out there whether it's apps or the web needs a good payment solution to succeed and so it became obvious to us that the web needs a better answer for payments and that's what I'm here to talk today about today and in that sense I actually have really good news it already exists last year at Google i/o a couple of my colleagues were up on stage and they announced that we were working on this new API called payment request well I'm happy to report that not only did we say we were going to launch it we actually launched request in September of last year so what is payment request it's an open built into the web designed to be fast and secure ready to be used today API for transacting on the web platform we're going to be talking about all of these different components throughout our talk today and I'm really excited to just dive right into it but first I should clarify something payment requests is not a processor we're not trying to make the browser a processor or a gateway or another new entity in the system to move money from point A to point B we think the industry has already done a great job of actually filling this service great players like stripe and Braintree and Van t'v and we love the work that they're doing you know we're focused on users we're focusing on taking that user experience that seems stuck in legacy mode and moving it out of that into a much more faster streamlined experience so we thought about designing the payment request API we had two goals I think primarily in mind the first is that transactions on the web should be seamless and we have to start with the status