At its eighth meeting, held in March 2017, the Steering Committee of the Mobile Proxy Forum ( ), which focuses on pan-European interoperability of person-to-person ( ) mobile payments, approved the rules for operating, joining and participating in the Standardised Proxy Lookup ( ) service.
The service will allow the exchange of the data necessary to initiate mobile payments between proxy-based mobile payment solutions on a pan-European level. It will facilitate interoperability between participating mobile payment solutions.
The strategy is to overcome a fragmented scenario with simple solutions at first by focusing on the linking of a mobile telephone number (proxy) to an IBAN. However, an open design will be ensured to allow support for additional proxy types and alternative payment account identifiers in a second phase.
The approval of the rules is a first major milestone towards reaching pan-European interoperability in the field of mobile payments. Additional steps are required before the service can be put into practice.
Version 1.1 of the service rules, published on 8 December 2017, contains a revised polling hierarchy logic.
The Steering Committee is the governing body of the , created in 2016 and consisting of European stakeholders involved in mobile payments. The acts as facilitator in this context, and provides secretariat support to the .