Why is the Mobile Payment Committee formed?

Asked By 40 points N/A Posted on -
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Some famous company like Google, PayPal, VeriFone etc. Have formed a Mobile Payments Committee?

What is the reason behind it?

How will it effect on the customers?

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Best Answer by Fosso pradha
Answered By 0 points N/A #132210

Why is the Mobile Payment Committee formed?

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Mobile Payments Committee main goal is to provide a relationship between its merchants, ensure that the consumer will have access to modern payment methods, and explore the best practice and network interoperability and more.

And also they are also appointed on lobbying activities with person on government and will add work to educate the merchants and consumers on the implied mobile payments.

Best Answer
Best Answer
Answered By 0 points N/A #132211

Why is the Mobile Payment Committee formed?

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Dear User,

Mobile Payment Committee

The Electronic Transactions Association has announced this Mobile Payment Committee.

The Mobile Payment Committee has these Representatives,

Verizon, AT&T, Sprint, T-Mobile, Google, ISIS, PayPal, Verifone and Intuit.

This committee is hoping to put an end to exclusive payment offering such as Sprint’s Google wallet and such. And instead,

Will unite the Mobile Payment Industry in U.S.

Thank you.

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