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  • ISO
    ISO 12812-1:2017 Core banking - Mobile financial services - Part 1: General framework
    Edition: 2017
    $454.91
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Content Description

ISO 12812-1:2017 defines the general framework of mobile financial services (payment and banking services involving a mobile device), with a focus on:

a) a set of definitions commonly agreed by the international financial industry;

b) the opportunities offered by mobile devices for the development of such services;

c) the promotion of an environment that reduces or minimizes obstacles for mobile financial service providers who wish to provide a sustainable and reliable service to a wide range of customers (persons and businesses), while ensuring that customers' interests are protected;

d) the different types of mobile financial services accessed through a mobile device including mobile proximate payments, mobile remote payments and mobile banking, which are detailed in other parts of ISO 12812;

e) the mobile financial services supporting technologies;

f) the stakeholders involved in the mobile payment ecosystems.

ISO 12812-1:2017 includes the following informative annexes:

- an overview of other standardization initiatives in mobile financial services (Annex A);

- a description of possible mobile payment business models (Annex B);

- a description of typical payment instruments which may be used (Annex C).



About ISO

ISO, the International Organization for Standardization, brings global experts together to agree on the best way of doing things – for anything from making a product to managing a process. As one of the oldest non-governmental international organizations, ISO has enabled trade and cooperation between people and companies all over the world since 1946. The International Standards published by ISO serve to make lives easier, safer and better.
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