The most important interface between a card issuer and its customer is around payments at the POS, which accounts for around 90% of the card usage. Next to the liked contactless card experience (especially in Covid-19 times) the usage of mobile contactless payments is on the rise. An issuer has several options to support this, either by closing contracts with the OEMs like Apple and Google to onboard their Pay’s or to include mobile payment using HCE in own issuer app
This webinar explains what is needed by an issuer to support mobile POS payments, including the background of tokenization using MDES and VTS as well as green path provisioning to OEM Pays.
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