Payment processes require a myriad of partners, internal and external processes, and adherence to PCI compliance and PiP requirements and are expensive to operate and support, as changes are required.
Goals and Objectives
To provide CSP customers with a variety of electronic payment options that make payments convenient, safe, secure, and simple in the stream of life.
Mobility, cloud, multifactor authentication, biometric authentication, APIs, mobile apps, mobile devices, payment devices, one-click digital apps, managed services, and PCI and PiP compliance testing
Use Case Summary
Next-generation payments enable the customer to pay anyone, from anywhere, anytime, seamlessly, securely, and privately. CSPs will engage the digital consumer with seamless payments in the stream of life – so wherever, however goods are purchased, any barrier to safe and secure payments are removed, increasingly masking complexity at the point of purchase – perhaps by leveraging biometrics and multifactor identification as the primary digital mechanism to pay for goods, eliminating physical barriers.