The primary goal of this white paper is to provide practical assistance to banks so that they can best leverage and extend their existing trust infrastructure in order to launch a new range of secure mobile-based payment solutions for their customers. Based on experience with solutions that are live today, the paper describes options to use a mobile phone to support contactless payments at POS (both with and without a Secure Element) and the growing trend for person-to-person payments initiated by a mobile app.
