The European perspective on mobile payments

Mobile payment is an exciting domain, which will rapidly evolve in the years to come. A mobile Europe vision demands that services such as a payment capability will be seamlessly available for its citizens in an open cross-country form that will respect the user requirements and will not restrict the business side creativity. Several actions have been done on the European Union domain to realise this vision, but there is still a long way ahead. This paper provides a brief overview of these efforts and refers to some critical issues that have to be taken into account for successful take-up of a pan-European mobile payment service.