MasterCard Partnership Brings Mobile Payments to Rural Mexico

What's Next In Payments®
4:43 PM EDT August 2nd, 2012

A pair of Mexican commercial entities is working with MasterCard to deliver mobile payment solutions to the nation’s rural consumers.

Banorte, the country’s third largest bank, and Telecomm Telegrafos, a government-run telco operation, are working with MasterCard to operate “MiFon,” a new mobile-based financial service powered by SMS technology.

Read the full story here.

Comments
Also by This Author
What's Hot
B2B Payments
Kenya Launches Online eProcurement System
B2B Payments
National City Bank, PNC Sued For $80,000 In P-card Rebates
B2B Payments
Healthcare Payment Firm Introduces New Payment Platform
B2B Payments
New ERP Software Provides Metals Specialist With Enhanced Billing Efficiency
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
B2B Payments
Kenya Launches Online eProcurement System
B2B Payments
National City Bank, PNC Sued For $80,000 In P-card Rebates
B2B Payments
Healthcare Payment Firm Introduces New Payment Platform
B2B Payments
Why Are UK SMEs Tolerating Non-Payment?
View All Articles ››