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| Thursday, May 09, 02:03:51pm | [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, 6, 7, 8, [9], 10 ] |
| Subject: Intellect to the Mobile Payment Forum 11/2/03 | |
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Author: Founded by American Express Company, JCB Co, Ltd, MasterCard International and Visa International |
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Date Posted: Friday, February 14, 12:46:59am In reply to: Noted European Card Review Feb12th 03 POS terminal makers asked to redefine market 's message, "In European markets, “specific applications and security requirements”Proton var Intellect states within 3 years50% of rev--software&services." on Thursday, February 13, 04:39:04am IHG) Intellect Holdings joins Mobile Payment Forum11-Feb ----------------------------------------------------------- Intellect Holdings today announced that it has joined the Mobile Payment Forum, a global, cross-industry group formed to enable secure, user-friendly mobile payment transactions and expand the overall market for mobile (m) commerce. Founded by American Express Company, JCB Co, Ltd, MasterCard International and Visa International, the Mobile Payment Forum aims to standardize the building blocks necessary to deploy global solutions for secure mobile payments. ----------------------------------------------------------- Focusing on payment card transactions, which are used in almost 93 percent of all e-commerce payments, the Mobile Payment Forum will address key areas such as interoperability passwords, cardholder authentication, and encryption methods. Led by a Board of Directors comprised of leading mobile, technology and financial companies, the Forum will develop requirement documents, white papers, use cases, and technical specifications. The Forum will also drive collaborative work with other industry consortia and standards bodies. ----------------------------------------------------------- Intellect, which recently became the first company in the world to certify a mobile payment terminal for EMV2000 transactions, is recognized for championing on the move payments. ----------------------------------------------------------- Intellect's CEO, Mr Jan de Smet said, "Intellect has been setting the standard for mobile payment transactions for many years and our membership of the Mobile Payment Forum means that we, as a leader in this field, can contribute directly to shaping global standards. We are working closely with many industry players and the cementing of this relationship is an important move benefiting both our customers and partners." ------------------------------------------------------------ "The Mobile Payments Forum represents an excellent opportunity for Intellect to showcase industry best practices in the area of payment solutions," continued Mr de Smet, "We look forward to sharing our experience and knowledge with delegates." ----------------------------------------------------------- "We are very pleased to welcome Intellect to the Mobile Payment Forum," said the Forum's co-president, Simon Pugh, Vice President, Standards and Infrastructure, at MasterCard International. "As a global, cross industry organization, the Mobile Payment Forum places great emphasis on the contributions from organizations such as Intellect. These contributions will play a major part in helping us to achieve our goals quickly and efficiently." ----------------------------------------------------------- [ Next Thread | Previous Thread | Next Message | Previous Message ] |