Mobile Payments Industry Roundtable Summary
Source: Federal Reserve Bank
Type: White Paper
Overview | Download
One of the goals of the Fereral Government is to let free markets work without intervention for as long as possible and to allow markets to resolve problems before government intervenes. The development of the mobile payments industry introduces a whole new cast of characters that complicates issues with regard to responsibility and liability, and as a preemptive measure, representatives of the Federal Reserve Bank met with stakeholders in mobile payments in the U.S. to learn where the industry is headed.
Download this document to learn about:
- Mobile commerce today and the opportunities
- Consumer demand for mobile commerce
- Industry challenges
- Contactless chip technology
- Merchant challenges and capital investment
- Mobile commerce drivers
- Industry roles and responsibilities
- Customer ownership
- Security roles and responsibilities
- Transaction standards and risks
Top results from Regulatory Issues
Mobile Payments Industry Roundtable Summary Mobile Payments in the United States at Retail Point of Sale: Current Market and Future Prospects Mobile Payment Systems and Services: An Introduction
