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EPC Documents
EPC and GSMA introduce Consultation on SEPA Mobile Payments 29.01.10
29 January 2010, Brussels: The European Payments Council (EPC), the decision-making and coordination body of the European banking industry in relation to payments, and GSMA, representing the interests of the worldwide mobile communications industry, have released the paper "TSM Service Management Requirements and Specifications" in the Single Euro Payments Area (SEPA) for public consultation. This document describes the different roles and processes involved in the provision and lifecycle management of banks' mobile contactless payment (MCP) applications integrated into a mobile phone.
The consultation open to all interested market participants marks an important breakthrough in cross-industry cooperation between payment services providers and mobile network operators aimed at empowering over 500 million European consumers to make SEPA payments using their mobile phone. This cooperation is the most ambitious project designed to date to build a common architecture for mobile contactless payments.
