ISO 12812-1:2017 Preview

Core banking -- Mobile financial services -- Part 1: General framework

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).


General information

  • Current status : Published
    Publication date : 2017-03
  • Edition : 1
    Number of pages : 33
  • :
    ISO/TC 68/SC 7
    Core banking
  • 03.060
    Finances. Banking. Monetary systems. Insurance

Buy this standard

Format Language
PDF
Paper
  • CHF138

Got a question?

Check out our FAQs


Customer care
+41 22 749 08 88

Opening hours:
Monday to Friday - 09:00-12:00, 14:00-17:00 (UTC+1)

You may be interested in:

http://www.iso.org/standard/
By Clare Naden on
A step towards financial inclusion for all with new ISO standards
Mobile banking not only makes our life easier, it gives access to banking services to those that have none. A new series of standards just published will provide the platform for this technology to expand and grow, bringing robust and secure banking services to more people than ever before.
http://www.iso.org/standard/
By Clare Naden on
Mobile payments to take off with new series of standards
It is not so long ago that a mobile phone was used to make phone calls. These days, it is used for everything from navigating our way through the streets to paying our bills and managing our bank accounts. Mobile payments and banking are one of the fastest-growing areas of mobile use, but in order for...
http://www.iso.org/standard/
By Mark SB Tiggas on
Mobile commerce - Paving the way in a fast-changing world
Fifteen years ago, the latest mobile phones allowed us to make calls on the move, play simple games and text-message our friends. Today, we can use them to access the Internet, make video calls, take photos, find our location on a map, buy transport tickets and even for banking, among many other applications....

Keep up to date with ISO

Sign up to our newsletter for the latest news, views and product information