The Mobile Proxy Forum ( ), a cross-industry working group of which the mission is to enable pan-European, interoperable person-to-person ( ) mobile payments, launches a Request for Information (RFI) for a Standardised Proxy Lookup (SPL) service today.
Creating pan-European payments
Day-to-day payment situations (such as paying back half of a restaurant bill to a friend) are becoming increasingly frequent and as a result, the Euro Retail Payments Board ( *) has confirmed mobile payments as a topic of growing interest. The was therefore created in March 2016. It defined rules for operating, joining and participating in the SPL service.
Such a service could be used to securely exchange payment-related data on a pan-European level. Initially, the focus will be on the linking of a mobile telephone number (proxy) to an IBAN.
The is open until 31 August
The purpose of the is for the to gather information about technical solutions that could deliver the pan-European service. The does not constitute at this stage a formal invitation to contract. It may be followed by a Request for Proposal (RPF) later in 2017.
All interested technology service providers can read in further details the guidance of the and process to participate in the .
Interested parties can submit any questions about the . Where possible, the questions – and answers – will be published on the Request for Information page.
The deadline to submit a participation to the is 31 August 2017.
is a high-level body chaired by the European Central Bank, bringing together the supply and demand sides of the industry to address strategic retail payments issues.
If you would like to comment on this article, please identify yourself with your first and last name. Your name will appear next to your comment. Email addresses will not be published. Please note that by accessing or contributing to the discussion you agree to abide by the EPC website conditions of use.