MasterCard and PRIME Research have released the second annual global MasterCard Mobile Payments Study, which tracked more than 13 million social media comments across Twitter, Facebook, online blogs and forums around the world. The study shows improved sentiment toward mobile payments and rapid growth in consumer use and merchant acceptance. Merchants carry an 88 percent
Visa has announced it is offering clients new options to securely deploy mobile payment programs, including for the first time an option to host Visa payWave-enabled accounts in a secure, virtual cloud. The move expands Visa’s support for mobile payments globally and will give financial institutions greater choice in offering consumers secure ways to pay
Kenya’s CfC Stanbic Bank has launched its “Till2Bank” service enabling business clients to accept payments via mobile money. CfC Stanbic Bank business banking and small and medium enterprise (SME) banking clients can now accept payments via M-Pesa, with the payment landing in the business bank account immediately. “We are delighted to be the first bank
3G Direct Pay Limited, a leading online payments service provider, has announced a strategic business partnership with Kopo Kopo, a merchant services platform for mobile network operators in emerging markets. Eran Feinstein, Managing Director, 3G Direct Pay Limited signed the partnership agreement which he said would bring innovative payment options for the regional travel industry.
AT&T and Vantiv, Inc., a provider of payment processing services and related technology solutions, have announced the availability of new payment products that deliver highly secure, integrated and speedy on-the-spot mobile transactions to businesses of all sizes. Mobile payments represent a market opportunity with significant upside as businesses implement new, more integrated ways to manage
Qash Services, a non-bank, non-GSM operator, has announced the launch of its mobile phone-based financial services in Cote d’Ivoire, under the name Qash Mobile Banking. Qash Services is one of four independent companies with a mobile money agreement from the Central Bank of the West Africa Monetary Union (BCEAO). According to Francis Zago, CEO of
Bank of China has recently launched the “BOC Mobile Payment” APP. After installing this APP in mobile phones or PADs, users can easily complete mobile shopping and payment at any place any time. The “BOC Mobile Payment” APP integrates multiple mobile payment products including BOC swift payment, payment via mobile banking, and payment by agreement,
Airtel Networks Zambia Plc, a telecommunications service provider in Zambia and Nico Insurance Zambia Limited, have signed a partnership agreement that will enable customers to pay for their insurance using Airtel Money. From today, Airtel customers will be able to pay for their Insurance to Nico Insurance Zambia Limited using their “Airtel Money” accounts. This
Commonwealth Bank, in partnership with MasterCard and Samsung Electronics Australia, became the first bank globally to offer its customers MasterCard® PayPass™ payments capabilities via Near Field Communication (NFC) enabled Samsung GALAXY S4 devices. The world first collaboration delivers a next-generation shopping experience and simplifies the ways customers pay for everyday goods and services. The CommBank
MasterCard has announced it will enable Commonwealth Bank of Australia MasterCard cardholders to securely load and store payment account credentials on select flagship NFC-enabled Samsung devices, enabling fast and secure contactless payments. Commonwealth Bank of Australia is the first bank globally to collaborate with MasterCard and Samsung to offer this service to its customers, using
