The European Committee for Banking Standards presents implementation guidelines for banks engaged in mobile payment initiatives.
The objectives of the report are threefold:
(i) to help European banks make qualified decisions on mobile payments and implement them through a set of frameworks and guidelines, encompassing technical, functional and key business requirements;
(ii) to identify areas within the mobile payments implementation environment where a pan-European approach could be effective in standardisation and assuring interoperability; and
(iii) to serve as a helpful guideline for third parties to appreciate the European banking sector's position and preferences on mobile payments.
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