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(From Banking Newslink)
The Payments Council has announced a feasibility and scoping project for mobile payments. The council states that it has: " kicked off this project as part of its commitment to lead innovation in payments. The first step will be to scope out what the core service might look like for customers so potential suppliers and project costs can be identified. The aim is to make sure that this offers an attractive new service to personal customers in the UK. The Payments Council will give the final green light after considering the business case later this year."
The council says the research and possible service to follow are to 'help banks and …