The provision and lifecycle management of banks’ mobile contactless payment applications when integrated with a mobile phone have been set out in a European Payments Council (EPC) and GSMA joint paper.
The GSMA, representing the worldwide mobile communications industry, and the EPC, the decision-making and coordination body of the European banking industry when it comes to payments, produced Mobile Contactless Payments Service Management Roles – Requirements and Specifications, which also outlines the role of the Trusted Service Manager (TSM), supporting banks and mobile operators who aim to promote mobile contactless payments.
The gap that exists in the new Near Field Communication (NFC) ecosystem is also addressed in the paper, which follows a public consultation period.
A minimum set of requirements for a TSM to interface with banks and mobile operators is outlined in the paper, describing how they are expected to facilitate the distribution, configuration and activation of the bank’s payment application on the Universal Integrated Circuit Card (UICC or SIM card) within bank customers’ NFC handsets.
It is hoped that the joint project will boost commercial relationships between the issuing banks, mobile network operators and TSMs, and will result in the expedited deployment of mobile contactless payments in SEPA and around the world.
“Building a common architecture for mobile contactless payments is a key objective of the EPC’s initiatives for mobile payments in the Single Euro Payments Area (SEPA),” explained Dag-Inge Flatraaker, chair of the EPC M-Channel Working Group. “The implementation of interoperable and user-friendly mobile payment solutions makes it even easier for bank customers across 32 SEPA countries to access state-of-the-art SEPA payment services.”
Alex Sinclair, chief technical officer and chief strategy officer, GSMA, added: “This is an important step forward as it is the first time that mobile operators and banks have worked together on a common vision which will ease the way for contactless payments.”
The paper is available on the EPC website, www.europeanpaymentscouncil.eu.
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