RCS and Payments Discussing RCS as a payments channel and its potential under PSD2 Strong Customer Authentication February 2020 About the GSMA About Consult Hyperion The GSMA represents the interests of Consult Hyperion is an independent strategic mobile operators worldwide, uniting more and technical consultancy, based in the UK than 750 operators with over 350 and US, specialising in secure electronic companies in the broader mobile transactions. With over 30 years’ experience, ecosystem, including handset we help organisations around the world exploit and device makers, software companies, new technologies to secure electronic equipment providers and internet payments and identity transaction services. companies, as well as organisations in From mobile payments and chip & PIN, to adjacent industry sectors. The GSMA also contactless ticketing and smart identity cards, produces the industry-leading MWC events we deliver value to our clients by supporting held annually in Barcelona, Los Angeles them in delivering their strategy. We offer and Shanghai, as well as the Mobile 360 advisory services and technical consultancy Series of regional conferences. using a practical approach and expert knowledge of relevant technologies. Hyperlab, For more information, please visit the our in-house software development and GSMA corporate website at testing team, further supports our globally www.gsma.com. Follow the GSMA on recognised expertise at every step in the Twitter: @GSMA. electronic transaction value chain, from authentication, access and networks, to databases and applications. For more information contact
[email protected] ABSTRACT Rich Communication Service (RCS) was first defined around 2007/8 and was taken on by GSMA as the protocol to replace Short Message Service (SMS).