Mobile payments partnership reached among European giants

mobile payments credit card

Telenor and Telefonica have both signed on with Fortumo in a deal to reach 460 million consumers. The telecommunications operators, Telenor and Telefonica, from Europe, have boosted the reach of their mobile payments programs by 460 million users now that they have signed on with Fortumo, a firm that specializes in the service. This has helped to boost Fortumo’s position among the leaders in this very rapidly growing industry. The partnership among Fortumo, Telefonica, and Telenor will assist in providing direct carrier mobile payments billing services for an additional 460…

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Mobile payments service to stem from PayPal and Magento deal

Paypal Mobile Payments

The new service will allow consumers to be able to pay using the app while inside stores. Magento has belonged to eBay since 2011, providing it with an e-commerce platform that merchants were able to use for the creation of customized online shops, but this has been kept separate from PayPal, another acquisition, until the latest mobile payments service was developed. This program will bring eBay’s PayPal and Magento together, changing the current environment. eBay has just announced its most recent partnership which will bring Magento’s service together with the…

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