The European Payments Council (EPC) has published guidelines for SEPA mobile contactless transactions.
These offer a description of the mobile contactless payments ecosystem and the stakeholders involved, to provide a clear understanding of the technology available and its deployment within the market. A preliminary version of the EPC's 'Mobile Contactless SEPA Card Payments Interoperability Implementation Guidelines' was made available for public consultation in April 2011. Following the evaluation of the feedback received, a final version has now been published.
This builds on previous work to focus on the interoperability of processes in the contactless m-payment application lifecycle management, when the m-payment application is stored on one of three secure element (SE) types: UICC (known as SIM card), embedded SE in the mobile phone itself or a removable secure micro SD card inserted in the mobile phone. The document also deals with aspects of a mobile contactless payment transaction and the technical and security requirements. The aim is to enable the quick development and implementation of mobile solutions by promoting the use of open standards; describing the roles of stakeholders; outlining the position of the EPC in relation to other industry bodies; and recommending an adequate level of security for the whole mobile payment value chain in order to establish confidence in this environment.
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