MasterCard Partnership Brings Mobile Payments to Rural Mexico

What's Next In Payments®
4:43 PM EST 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
Point of Sale
PCH Trying to Buy Fab For $15 Million
Apple Pay Tracker
MasterCard: Security Is Nice, Functionality Is Better
News
Intuit Payments Sees Growth
News
Finally, An App That Finds Only Bars And Nightclubs!
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
CA Technologies
How To Ignite Issuer-Branded Mobile Wallets
Point of Sale
PCH Trying to Buy Fab For $15 Million
Cool
Who’s Driving eCommerce Spend?
Apple Pay Tracker
MasterCard: Security Is Nice, Functionality Is Better
View All Articles ››