IBM and TBCASoft published a joint white paper. COVID-19 is accelerating consumer preference for contactless payments and Mobile Service Providers are ideally positioned. Service Providers should launch contactless payment services enabled by TBCASoft’s Cross Carrier Payment System and join the CBSG Consortium that greatly expands the user and merchant base for their payment service — it accelerates the network effect to a global scale.

The paper was co-authored by:

• Ling Wu, Founder and CEO, TBCASoft and Co-Chairman of the CBSG Consortium

• Wei Chen, CFO and Head of Global Business Development, TBCASoft

• Utpal Mangla, VP and Senior Partner, IBM Services Innovation Competency, Telecom, Media, and Entertainment (TM&E)

• Luca Marchi, Associate Partner, IBM AI and Blockchain Lead, Center of Competence, TM&E