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EPC launches public consultation on 2nd edition of White Paper on Mobile Payments

Tuesday 7 February 2012 14:05 CET | News

The European Payments Council (EPC), representing the European banking industry in relation to payments, has published the second edition of its White Paper on Mobile Payments, which has been made available for public consultation.

The EPC encourages all Single Euro Payments Area (SEPA) stakeholders to provide feedback by 23 March 2012.

The EPC’s White Paper on Mobile Payments, which was first published in July 2010, presents an overview on mobile payments for SEPA. It focuses on the usage of the mobile channel for the initiation of SEPA payment instruments. The white paper also explores how m-payment services can be delivered through cooperation between service providers in the payment industry and players within the mobile ecosystem.

The second edition of the white paper describes mobile wallets at high level. In addition, the document has been updated to cover both contactless and remote m-payments. It analyses in particular use cases for mobile remote card and SEPA Credit Transfer payments.


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Keywords: EPC, mobile contactless SEPA, mobile payment, European Payments Council, white paper
Categories: Payments & Commerce
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