SK C&C to launch new mobile payments services in Europe South Korean technology firm SK C&C is set to launch its new Trusted Service Manager services in Europe later this year. These services are designed to support NFC-based mobile payments throughout Europe. The company formed a strategic partnership with Wirecard AG, a financial service firm based in Germany, in order to bolster its presence in the European mobile payments space. Both companies plan to commercialize the Trusted Servicer Manager services by the end of the year. NFC remains prominent mobile…
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Mobile payments partnership formed between Tieto and Russian MTS Bank
The Finnish company has announced that it has entered into a deal with the banking giant from Russia. Tieto, a technology provider from Finland, has entered into a partnership with Russian MTS Bank in order to be able to launch a suite of different mobile payments technology services to their customers. There are several different services that are being combined within this transaction suite for smartphones. Among the various mobile payments capabilities that are being created for the Tieto and Russian MTS Bank suite are smartphone top ups, paying bills,…
Read MoreMobile payments leaders battling it out in Europe
The three largest names in the sector have made themselves known as PayPal, Square, and Intuit. The mobile payments market in Europe is finally starting to experience some meaningful growth in Europe and the United Kingdom, and the biggest names in that industry are starting to find themselves in a fierce competition. For instance, Intuit Pay has now finally been launched in the U.K. for card transactions over these devices. This is a market in which Intuit had not previously had a standing, but where it has now given itself…
Read MoreMobile payments from PayPal are now in Europe
A European version of the smartphone transactions service is now available for small merchants. After much waiting from merchants in Europe, a version of PayPal Here has now been launched to provide them with mobile payments as the company established itself to directly compete with its rivals in the market, such as Square Inc. This service is now available to small merchants in European countries for smartphone and tablet transactions. At the same time as the announcement that the mobile payments were moving into Europe, PayPal also unveiled a brand…
Read MoreMobile payments service in EU expands into Spain
iZettle has announced that it will be expanding into its seventh European nation. The mobile payments startup out of Sweden called iZettle has released its latest mcommerce news, which has revealed its latest entry into a new country – in this case, Spain – in order to bring its services to small businesses there. There are now 7 different countries in the E.U. in which these smartphone transactions are accepted. Among the other nations in which iZettle is providing mobile payments service are Sweden, Germany, and the U.K. In November…
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