[youtube http://www.youtube.com/watch?v=orEe9dg5gRI&hl=en&fs=1]

Warning: I boosted the microphone amp on this one. :)

A blog is a great place to accept web payments. Livejournal, blogger and wordpress allow bloggers to make their blog url their OpenID. In this screencast, we see that when a blogger on Wordpress.com adds links, she can easily associate the type of link (through microformats). One microformat is rel-payment:

RelPayment is a microformat for making exchanges of support (be it financial or otherwise) possible. By adding rel=“payment” to a hyperlink a page indicates that the destination of that hyperlink provides a way to show or give support for the current page. For example to give financial support to the owner of the current page.

[youtube http://www.youtube.com/watch?v=W2szB-qyWeA&hl=en&fs=1]

This screencast shows how simple web payments can be using OpenTransact. Instead of making a payment to an email address, we can make a payment to a URL, particularly if it is an OpenID.

The person making the payment simply adds a delicious-style bookmarklet and as you can see below, I simply re-used the javascript code for bookmarking a url on delicious and pointed it to a oscurrency financial service provider hosted on heroku.