MasterCard announced that it has granted Smartlink SA a license to host and offer a white label version of the MasterPass wallet to its customers. Smartlink SA operates a wallet platform that allows European financial institutions and merchants to build their individual personalized applications. Besides offering its customers innovative and enhanced mobile wallet services for
The mass market in Somalia will now be able to access various banking products virtually through their mobile phone after Kenya’s Rapid communications recently acquired 16% shareholding in Nationlink telecom, a GSM operator, along with the license for banking services. The company currently manages the content management system (CMS) platform for Nationlink telecom and with
TSYS announced that they have signed an agreement to license its PRIME payment transaction processing platform to Metrobank Card Corporation in the Philippines. MCC is a strategic joint venture between Metrobank and Australia New Zealand Bank and is one of the largest issuers and acquirers in the Philippines’ market. MCC will license PRIME 4, the
