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SPA publishes position on Cloud Computing versus Card

Smart payment association - article blog

  

Munich, 27th November 2013 - In this paper SPA provides an opinion on present and future trends for retail payments based on a comparison between the use of hardware-based card solutions and software-Cloud retail payment solutions, and their respective pro‘s and con’s.

  

The idea of storing personal data in a “Cloud” ubiquitously accessible and potentially shareable by authorized person is no doubt an appealing one. Now it remains the question of whether the technology is suitable for the storage and access of any type of data. For retail payments services, the question SPA explores is whether the Cloud constitutes a short-term realistic alternative to the card technology or whether the coexistence of both technologies constitutes a preferable option.

  

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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