LOS ANGELES, Aug. 17, 2012 /PRNewswire/ -- payvia, Inc. today announces that it has joined the Mobile Payments Committee of the Electronic Transactions Association (ETA), the trade association of the global electronic payments industry.
The recently formed Mobile Payments Committee is an industry-wide taskforce that includes top representatives from the mobile payments industry, including all four major U.S. mobile network operators. The Mobile Payments Committee was created to help develop key policy and business strategies for the overall advancement of the mobile payments industry.
payvia will work in partnership with the ETA to facilitate the global flow of e-commerce, develop and implement industry-wide solutions to foster innovation and achieve network interoperability among merchants, credit card companies, mobile networks, equipment operators and manufacturers as well as financial institutions.
"Our industry must work collaboratively to ensure that the regulatory and business environment promotes innovation and cooperation," said ETA CEO, Jason Oxman. "We are proud to welcome payvia, together with other innovative payments industry companies, to the committee and look forward to their contribution in helping to drive the mobile payments agenda forward."
"We are excited to join the ETA's Mobile Payments Committee and be a part of such an influential group of companies. The establishment of this committee will help ensure the mobile payments industry realizes its full potential as the future of commerce," said Darcy Wedd, President of payvia.
The Mobile Payments Committee will hold its first meeting in late August.
About The Electronic Transactions Association
ETA is a global trade association representing more than 500 companies in all segments of the electronic payments industry. ETA leads, influences and grows the industry through networking, events, education and advocacy, and is the credible and unified voice of member companies responsible for more than 3 trillion dollars of annual payments transactions in the U.S.
payvia is a leading mobile and online payments company that allows consumers to make simple and secure payments via their mobile phone. By connecting directly to the carrier network, payvia enables consumers to pay for digital goods and services using their mobile phone, adding purchases directly to their carrier bill. Visit us at www.usepayvia.com.
payvia is headquartered in Los Angeles, with offices in Seattle and Boston. payvia is backed by leading investors Silver Lake Sumeru, Montgomery & Co., and Trinity Ventures.
SOURCE payvia, Inc.