The Smart Card Alliance, a multi-industry initiative that to date has concentrated on boosting EMV and smart-card adoption, has decided to expand that focus to include mobile contactless payments. The Princeton, NJ-based organization last week announced a new contactless and mobile payments council that will study and help steer standards and best practices for mobile-based proximity statements.
It’s not exactly virgin territory for the alliance. The organization has previously assigned a work group to bone up on consumer attitudes toward contactless and mobile payments.
The council is made up of 48 organizations, including card issuers, payment brands, merchants, payment processors, terminal vendors, card manufacturers, systems integrators and card personalization firms.