Fabric is an open, non-profit foundation governing the interoperability layer between banks, acquirers, and digital payment systems — built on cryptographic standards, owned by no one.
Fabric standards serve every participant in the payments landscape — not just the transaction endpoints. Find your role and see what the standards offer you.
I run a business and want to accept payments
I want to send a payment using open rails
I build financial products on top of existing rails
I settle obligations between institutions across borders
I supervise payment systems and set compliance frameworks
I study payment systems, cryptography, or financial infrastructure
I implement, integrate, or extend Fabric-based systems
Four steps. No proprietary network in the middle. Every party can independently verify every step.
Every digital payment today exposes the sender, receiver, amount, and timestamp to the network — by design. CashPack changes that. It defines a signed, transferable digital instrument — the cash-pack — that passes between parties without each transfer being recorded by the Operator.
Structurally analogous to physical banknotes: the Operator sees who locked funds and who redeemed them. The intermediate chain is visible only to its participants — with cryptographic verification at every step and a tamper-evident audit trail available to authorised investigators.
The Fabric Payment Standards Foundation is a neutral, non-profit organisation that governs the open payment messaging standard. It was created by its member institutions — not by a startup looking to own a network.
No company owns the standard. No vendor controls it. The specification is public, the reference implementation is open source, and anyone can integrate, audit, or extend it.
Governance decisions are made by the member council. The foundation's only mandate is to keep the standard open, stable, and interoperable — for as long as it takes.
Fabric is shaped by the people and institutions that use it. There are several ways to participate — from reading a draft to shaping the next version of the spec.
The foundation is funded entirely by its member institutions and sponsors — no advertising, no data monetisation, no external investors. Sponsorship is how open payment infrastructure stays independent.
Membership gives your organisation a seat at the governance table, early access to spec drafts, and attribution across foundation materials. Sponsorship starts at any level.