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.
Stéphanie de Labriolle
+33 6 85 91 19 94