WAKEFIELD, Mass.-The Mobile Payment Forum, a standards group devoted to mobile commerce that includes many of the world’s biggest credit card companies, announced it will expand into new areas including third party authentication, digital transaction records and consumer usability.
The forum said it will work to define mechanisms for third-party authentication, set guidelines for the production of a detailed digital transaction record and establish a new task force to address consumer usability.
“The strong interest exhibited by participants in the forum’s spring plenary and seminar is a solid indication of the strategic role m-commerce continues to represent to many key industry segments,” said Alessandra Dell’Otti, steering group chair of the forum. “The Forum recognizes the importance of industry cooperation and an open dialogue amongst key players to address the challenges that inhibit the widespread deployment of mobile payments.”
