[I sent this email 2 days ago prior my registration to the mailing list; please forgive me if this is a duplicate]
I would like to propose an extension to the Payment Protocol (bip-0070) to address the case of recurring payments in Bitcoin -- new bip or modification of bip-0070.
There has been a lot of growth in the last few years in the 'subscription economy' with many new companies embracing that model -- online video, gaming, groceries, newspapers,... In parallel, Bitcoin is growing into a mainstream currency (hence bip-0070), and so the next logical step would be to define a protocol to address that need.
The work flow would look similar to the one from bip-0070. There would need to be some additions; the flow could be summarized as follow:
0. Click: 'Subscribe Now'
1. Wallet would get a RecurringPaymentRequestAuth which describes the nature of the future recurring payments
2. The Customer would get prompted from the wallet to authorize it.
3. The wallet would then poll the Merchant server (startup time, and/or well defined frequency) and potentially merchant would start issuing a PaymentRequest); the role of the wallet is to ensure that PaymentRequest is within the bounds of what was accepted by the customer-- amount, frequency,.. If it is, then it would make the Payment the same way it works for bip-0070
Is that something that the community would be interested in? We could provide more details about the protocol we have in mind (messages and flow), and also provide an implementation with bitcoinj as a wallet and Kill Bill as a merchant server.
Le me know what you think.
Stéphane