The multi-stakeholder group on mobile contactless SEPA card payments (MSG MCP), facilitated by the EPC, has developed a white paper to create awareness on the use by mobile card payment solutions of non-NFC (Near Field Communication) proximity technologies (e.g. QR-codes, Bluetooth-Low-Energy (BLE)).
In recent years, non-NFC based Mobile SEPA Card Proximity Payments (MCPPs) have been introduced in the market to enhance the consumer experience and to bring additional functionality and services to the customer (e.g. integration of payment with loyalty) and to overcome the lack of accessibility to the NFC antenna on some mobile operating systems.
The white paper aims to provide a high level overview of non-NFC based MCPPs, utilising SEPA card payments as the underlying payment instrument. In view of the current market deployments, the document has been restricted to proximity payments based on QR-codes and BLE technologies. In addition, the document provides some insights into transaction characteristics and impacts on the Points of Interaction (POIs).
The MSG MCP further mentions in the document some opportunities but also a number of gaps and challenges that are existing today and, if properly addressed, could encourage the market take-up of MCPPs.
The consultation is opened until 14 February 2019.
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