South Africa’s First National Bank’s payment service Pay2Cell has expanded to include cross-border payments to Swaziland and Lesotho, according to SouthAftica.info. Pay2Cell was launched in 2011, and allows customers to make payments within FNB accounts using only a recipient’s mobile number, the news source adds....
Bancorp announced a purchase agreement to acquire the MyCardData technology platform, Easybuy Website, the MyCardData technology platform, Easybuy website, and some other principal assets from Transact Network. This deal will help Bancorp expand its payment’s solutions into Europe and is set to close by the...
My Mobile Payments Ltd (MMPL), an Indian-based mobile wallet service provider, will contribute its mobile payment technology and ‘Money-On-Mobile’ brand name for a 50 percent stake in an offshore joint venture. According to the Economic Times, the JV aims to create pacts with global carriers...
Deutsche Telekom has adopted Wirecard’s services to provide security and reliability to payments across DT’s MasterCard PayPass platform and mobile wallets, according to MobileEntertainment. Both the MasterCard offering and the payment wallet are set for a 2013 release. Get the Full Story Complete the form...
U.K retail giant Marks & Spencer has become the latest retailer among a list of others to introduce contactless payments in its stores. Computer World reported that in collaboration with Streamline, a payment value chain specialist, and Visa Europe, Marks & Spencer will launch the...
TNS’s annual Mobile Life study reveals that mobile transactions are poised to become mainstream and are anticipated to increase by more than 60 percent this year. The study explored mobile usage among 48,000 people in 58 countries. Get the Full Story Complete the form to...
The financial crises in Spain’s housing and banking sectors have not hindered the growth of its eCommerce. According to a study conducted by eMarketer, an online digital intelligence and marketing firm, eCommerce is expected to increase from $15.64 billion in 2011 to $18.57 billion in...
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A recent study released by Forrester Research reveals that although only about nine percent of European bank account holders regularly use mobile banking, this number is poised to grow exponentially in the next few years. Get the Full Story Complete the form to unlock this...