| dc.description.abstract | Since Nokia, NXP and Sony established NFC (Near-field Communications) Forum in 2004, the integration of telephony and electronic payment technology has always been an important issue in developing mobile payment solutions. Nowadays, mobile phones have become a necessity for many people, thus it’s usage in payment will no doubt increase convenience in our daily lives. In Taiwan, due to stringent legal restrictions and the limited availability of NFC mobile phones in the early stages, mobile payment has yet to generate enough economic values. Therefore, mobile payment solution has not seen a rapid growth as expected.
On January 15, 2013, the Financial Supervisory Commission (FSC) in Taiwan approved a regulation, the “Security and Control Operating Guidelines for Credit Card Organizations Engaging in the Mobile Credit Card Business” as formulated by the Bankers Association, allowing the mobile credit card business. In the future, through the TSM (Trusted Service Manager) trust management services platform and OTA (over the air) download procedure, consumers can safely use smartphones in various types kinds of mobile services. However, the proliferation of NFC-capable smartphones is still limited. The all mighty Apple Inc. did not include NFC feature in their latest iPhones, and other low end smartphone are also offered without NFC. This results in a severe limitation for the TSM. Due to a lack of full coverage, it is basically an incomplete solution that cannot excel.
This study proposes an “extended TSM systems” concept, expanding the existing TSM platform. The aim is to provide a solution compatible with different mobile operating system platforms, so that mobile payment users with different devices can have a consistent and secure user experience. A feasibility analysis is also provided to verify the viability of the solution, from the economic, market, legal and technological perspectives. In conclusion, by offering a complete service, the mobile payment users can grow in numbers, and reach a critical mass in the market, and achieve a healthy mobile payment ecosystem. | en_US |