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ANSI X9.134-5-2022

Mobile Financial Services - Part 5: Mobile Payments to Businesses

This document provides requirements and recommendations for implementation of mobile payments-to-business programs. This document is structured as follows: - Clause 4 sets forth the characteristics of mobile payments-to-businesses; - Clause 5 sets forth requirements for mobile payments-to-businesses. One of the most important aspects of the MFS environment is mobile-payments-to-businesses. There are many ways an end user can make a payment to a merchant. ANSI X9.134 provides a comprehensive standard for using the mechanisms involved in mobilizing the transfer of funds regardless of who is involved in the process. Potential implementers of mobile retail payment solutions should look at this ANSI X9.134-5; potential implementers of solutions for mobile payments-to-persons should look at ANSI X9.134-4.

Accredited Standards Committee, Inc. - Financial Industry Standards [ascx9]

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