The Brazilian company has now launched its smartphone application within the country. The mobile payments marketplace in South America has just gained another player that will help it to gain more traction, as PicPay has now unveiled its new QR codes that can be scanned by smartphones in order to allow the users to make purchases. This service has been unveiled for use among Brazilian smartphone users. The app was created by a small startup which has already managed to partner up with a number of different Brazilian retailers, and…
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Mobile payments partnership in Brazil between MasterCard and Telefonica
The credit card giant and telecom company have paired up to develop a new transaction solution. MasterCard International and The Telefônica Group have just launched a new company called MFS, under a partnership between them that is designed to allow them to work together to create mobile payments solutions in Brazil. The first product from MFS is currently set to be launched in April of next year. That will consist of a pre-paid MasterCard account that can be accessed for mobile payments. The purpose is to allow individuals to be…
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