Benefits for Card Schemes and Card Issuers

CPACE is an independent card & mobile payment application which

• can be used for any card scheme transactions,

• allows European card issuers and schemes to become independent from proprietary contactless applications currently available.

Use of CPACE has a significant potential

• since it is built on CPA, a widely used card EMVCo standard (already > 300 Million cards issued)

• due to the number of cards represented by the schemes currently participating in the CPACE project.

CPACE can also be used for securing remote transactions

• in line with the regulatory requirements in the latest EU Directives and associated RTS (PSD2 Strong Authentication).

CPACE  allows the same payment application specification to be used for different environments (contact cards, contact-less cards, mobile NFC, remote transactions…).