Ericsson, Motorola and Nokia were invited to join this forum to work with the banking and finance community to develop and implement these requirements. MeT has a much wider brief covering all aspects of mobile transactions. MeT will work with Mobey on banking and financial services industry issues and requirements in the same way that it will work with many other industry bodies to cover other aspects of mobile transactions. The role of the Technical task force is to do the editorial work and coordinate the specification process. Mobile operators are key players in the mobile e-business value chain and will benefit from the growth of this business area.
Operators are well positioned to take the advantage of the opportunities in mobile e-commerce.
Establishing an interoperable approach for secure mobile electronic transactions will create a common and global marketplace. The alternative of a fragmented market is likely to lead to a smaller market with fewer business opportunities. Furthermore the operators are in a central position to build a number of e-commerce related services for their customers. In order to ensure the development of interoperable mobile transactions, it is essential to involve the operators. Ericsson, Motorola and Nokia are currently discussing the best way of including the operators in the MeT process.