Domestic & International Technical Standards Related to Payments

Payment Strategies participates in standards development efforts for mobile/digital payments and security through participation in workgroups led by ISO (International Standards Organization), ANSI X9 (American National Standards Institute), and WC3 (World Wide Web Consortium).  Payment Strategies has been instrumental in the development of standards and technical specifications for ISO 12812 – Mobile Financial Services, which is intended to build an international vision for mobile financial services based on common terminology and basic design and operation principles.  Payment Strategies also keeps abreast of open and proprietary standards related to tokenization systems and efforts to develop industry guidelines for mitigating card-not-present (CNP) payments fraud.