The guidelines offer a description of the mobile contactless payments ecosystem at the moment and the stakeholders involved, in a bid to provide understanding of the technology available and its deployment within the market.
Moreover, the implementation guidelines detail the diverse service models and processes involved in the provisioning and the lifecycle management of a mobile contactless payment application residing in a mobile phone secure element (SE). In addition, it outlines the technical infrastructure, as well as the security requirements for each component within this architecture.
These guidelines for mobile contactless transactions in the SEPA area are exclusive to mobile contactless payments using NFC technology. The EPC is also developing implementation guidelines for mobile remote payments to be released at a later stage.
The EPC currently expects the industry to provide feedback by 17 June 2011. The final version of these guidelines is expected to be published in October 2011.
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