erc1363.org - ERC-1363: Payable Token

Description: ERC-1363 is an extension interface for ERC-20 tokens that supports executing code on a recipient contract after transfers, or code on a spender contract after approvals, in a single transaction.

Example domain paragraphs

Extension for ERC-20 tokens that supports executing callbacks on receiver contracts.

ERC-1363 is an extension interface for ERC-20 tokens that supports executing code on a recipient contract after transfers, or code on a spender contract after approvals, in a single transaction.

The following standard allows for the implementation of a standard API for tokens interaction with smart contracts after transfer , transferFrom or approve . This standard provides basic functionality to transfer tokens, as well as allow tokens to be approved so they can be spent by another on-chain third party, and then make a callback on the receiver or spender contract.

Links to erc1363.org (1)