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EPC Publishes New Mobile Wallet Payments White Paper and Invites Comments by 30 September 2013. 02-07-2013

The European Payments Council (EPC), working together with all stakeholders active in the mobile payments (m-payments) ecosystem, is willing to contribute to the development of a reliable and secure ecosystem for the initiation and receipt of Single Euro Payments Area (SEPA) payments by mobile phone. The intention is to help establish an ecosystem, which could enable all payers and payees to make and receive m-payments across SEPA, and create a secure environment for the multiple stakeholders active in the field. Considering that adoption of the mobile wallet is likely to trigger increased use of m-payments, the EPC offers a new white paper on mobile wallet payments, which was released on 2 July 2013.

The EPC welcomes all interested stakeholders’ input on the information presented in this white paper. In order to ensure broad stakeholder involvement in the EPC’s descriptive work on the usage of mobile wallets for payments, the mobile wallet payments white paper is therefore available for stakeholder review during a three-month period. All interested parties are encouraged to download and complete the dedicated feedback questionnaire. The document offers the opportunity to provide input on the overall white paper as well as on each section and recommendations for improvements. Respondents are invited to email the completed feedback questionnaire to mp.consultation@epc-cep.eu by 30 September 2013.

An updated version of the mobile wallet payments white paper will be issued based on the feedback received. For more information, please refer to the EPC Blog, entitled: ‘EPC Publishes New Mobile Wallet Payments White Paper and Invites Comments by 30 September 2013’ (see ‘related links’ below).

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