M-Money Report
CardWeb.com’s CardData Reports today features the Global Mobile Money Services 2015 report from WiseStrokes.
Middle East Conference
CardWeb.com’s CardConferences today features the CARDS & PAYMENTS MIDDLE EAST 2015, conference, May 12-13 at the Dubai International Convention & Exhibition Centre in Dubai.
Middle East Conference
CardWeb.com’s CardConferences today features the CARDS & PAYMENTS MIDDLE EAST 2015, conference, May 12-13 at the Dubai International Convention & Exhibition Centre in Dubai.
Movit
Mumbai-based TimesofMoney has kicked off its suite of comprehensive Movit Mobile Money solutions. Movit is currently deploying in Africa.
ROAMpay X5
The first native mPOS tablet app with support for all magstripe, EMV and NFC payments has been unveiled by Ingenico Mobile Solutions’ ROAM business unit.
Banks & Innovation
A new study finds banks across the globe, especially from more mature economies, are increasing their innovation investments in 2014 compared to 2013 to keep pace with increasing customer expectations and respond to new market entrants.
MC A/P EXECS
MasterCard names new Asia Pacific executives to lead the region as MasterCard continues to innovate for digital convergence in the region. The A/P region currently contributes over one-third of global affluent and total consumer credit volumes,
New POS MPayment redy
Samsung Electronics Australia and Community Telco Australia, the Bendigo and Adelaide Bank telecommunication subsidiary, just launched their own retail POS mobile payment solution called ‘redy’. Customers can make payments using their mobile device by simply scanning a QR code in the ‘redy’ application. The app is available in Australia to anyone who uses a compatible smartphone. It can be linked to a Bendigo Bank savings account, or to any Visa or Mastercard account. No customer information or shopping data is passed onto the merchant for security purposes.
MasterCard Acquires ElectraCard Services
MasterCard has entered into an agreement with Opus Software Solutions Pvt Ltd to acquire its subsidiary, ElectraCard Services Pvt Ltd (ECS), a provider of software solutions and processing services for electronic payment and card systems. This transaction is anticipated to close in the second quarter of 2014. MasterCard previously had a minority investment in ECS. ECS is a leading provider of software products and processing services for electronic payments. Its customer base includes financial institutions, retailers and telecom companies in over 25 countries globally. Its products enable customers to issue and manage all types of payment cards and electronically process card transactions across multiple channels such as ATM, POS, Internet and mobile.
MasterCard Acquires C-SAM
At Mobile World Congress, MasterCard announced it has entered into an agreement to acquire C-SAM, Inc. (“C-SAM”) a leading provider of mobile wallet and on-device software and services. In acquiring C-SAM, MasterCard will speed the development and deployment of mobile wallets and payment solutions globally, including the rollout of its MasterPass™ digital service. Today’s announcement builds upon a global strategic partnership developed between the two companies in December 2012, as well as a minority investment by MasterCard.
Montise Acquires Pozitron
Monitise plc announces the acquisition of Pozitron Yazilim A.S., a privately-owned mobile technology company based in Turkey, delivering mobile banking, payments and commerce solutions to businesses in its home market, the Middle East and internationally. Istanbul-based Pozitron, a leading business in Turkey’s Mobile Money space, powers next generation Mobile Money solutions for more than 30 leading enterprises acrossbanking, telecoms, retail and pharmaceuticals, including Turkish Airlines, eBay, ING,TEB, which is part of BNP Paribas,GlaxoSmithKline and Hepsiburada.com, Turkey’s equivalent to Amazon.
SMI uses HybridVIRTUO
Hybrid PayTech World Inc announced today that Smart eMoney Inc. (SMI) and Hybrid PayTech Asia Inc. (Hybrid) have collaborated for the deployment of a pioneering mobile payment ecosystem platform to enable enterprise and retail businesses in the Philippines. SMI will use the HybridVIRTUO Ecosystem Platform for mobile point-of-sale (mPOS) roll-out which includes a unique host of solutions for easy integration with other existing payment systems. The scalable Hybrid platform will enable SMI to deploy a full suite of compliant mobile payment solutions for businesses and includes Hybrid’s HybridMPOS APPs, a mobile application built on the most popular operating systems for wireless devices such as Android, IOS, BB, and Win6,7,8.