The Smart Card Alliance will hold the 3rd Annual Payments Summit on February 23-25, 2010, at the Marriott City Center Hotel in Salt Lake City, UT. This 2.5-day meeting will focus on exciting new trends and projects that are accelerating the widespread acceptance, usage and application of contactless and NFC mobile payments technology for transportation and general retail payment applications. The transit and retail markets have many common industry stakeholders including the chip and card manufacturers, terminal manufacturers, payment brands, issuing banks, payments processors, systems integrators and new mobile technology suppliers. Having a summit for Alliance Councils and common stakeholders to meet in joint sessions to discuss the opportunities and obstacles ahead will allow everyone present to gain more insight into the commonalities that connect these two markets. Also, time is set aside in the agenda for separate breakout sessions focused on topics relevant to each market and for discussions about emerging developments in the transportation, retail payments and evolving mobile and NFC markets.

The Summit will include sessions on current U.S. and international transit programs, contactless payments developments and status, NFC/mobile payments technology developments, prepaid card initiatives, payments industry fraud, EMV implementations, and technologies that address payments security.