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 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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