Walmart Joins Secure Remote Payment Council
The Secure Remote Payment Council (SRPC), a trade council dedicated to the growth, development and market adoption of secure e-commerce and mobile payment methods launched earlier this year, continues to grow with the addition of four new members:
Membership in the SRPC is open to any entity that does business in the e-commerce and mobile payments areas, including merchants, financial institutions, merchant processors, issuer processors, payment brand companies, payments authentication hardware providers, payments authentication software providers, and payments consultants.
Other SRPC members include ACCEL/Exchange Network, CardinalCommerce, Chase Paymentech, Heartland Payment Systems, MagTek, Merchant Advisory Group, Shazam, Star Debit and ATM Network, Swacha and Tsys.
“Improving the security, safety and convenience of debit payments by consumers in the e-commerce and mobile payments channels is very important to Walmart,” said Mike Cook, vice president and assistant treasurer of Walmart. “The Secure Remote Payment Council brings together all of the key stakeholders in one place to work together on solving the equation that will allow secure debit payments to grow. Walmart is pleased to become a part of the leadership of the SRPC.”