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Position Paper 'Certification on Mobile Payment Platforms' published by Smart Payment Association

Smart payment association - article blog

 

Munich, 15th April 2013 - The Smart Payment Association (SPA) today publishes a Position Paper ‘Certification on Mobile Payment Platforms'

 

The issuance of new card payment instruments, such as mobile platforms, requires payment card vendors to manage an ever-greater volume of EMVCo certification, and certification renewal, processes.

 

Such processes are time consuming and increasingly costly for the vendor community.

 

The SPA believes it is time for EMVCo certification processes to be reviewed; with new, more optimized processes agreed and standardized for mobile payment platforms.

 

While such an evolution will not be without its challenges, and trust in the certification process cannot be undermined, action must be taken to make the processes more workable. To achieve this goal, the SPA strongly believes a common and collaborative effort between all the different stakeholders is required.

 

This document offers some suggestions on how to achieve this goal.

 

Notes to Editors:

 

About Smart Payment Association (SPA)

 

The Smart Payment Association addresses the challenges of the evolving payment ecosystem, offering leadership and expert guidance to help its members and their financial institution customers realize the opportunities of smart, secure and personalised payment systems & services both now and for the future.

 

For more information on the SPA, visit our website: www.smartpaymentassociation.com or contact us by email: This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Press Contact:
Stéphanie de Labriolle
+33 6 85 91 19 94
This email address is being protected from spambots. You need JavaScript enabled to view it.

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CONTACT
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Company responsible as defined by the Press Law, Supplier of Services and Systems in the Media and Telecommunications sector:

Smart Payment Association e.V. PO Box 800729, D-81607 Munich, Germany

 

Management Board:
Andreas Strobel, Sylvie Gilbert, Mikhaïl Gordeev, Alen Lopez, Julien Drouet

 

Commercial Register:
Amtsgericht Munich VR 1898

 

VAT Registration Number:
DE262904711