According an Asia-Pacific region rep for the leading global payment processing service and credit card company, MasterCard, the company has intentions to create a new form of retail systems that will allow payments to be made using smartphones. Group head of emerging payments in the Middle East, Africa, and Asia Pacific for MasterCard Worldwide, Phillip Yen, Indonesia is expected to be one of the top mobile payment markets. They believe that the popularity of this technology could be greater than the standard plastic credit and debit cards, “so we could…
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Isis mobile commerce network includes MasterCard, Visa, Amex and Discover
Isis, the joint venture mobile commerce network established by AT&T, Verizon Wireless, and T-Mobile USA, has recently announced that MasterCard, Visa, American Express, and Discover have all officially signed on to the network. Isis stated that this addition will offer considerably greater options and convenience for payments made by mobile subscribers, while it also helps to build the new network’s ability to utilize payment terminals that are already established in many retail locations across the United States. The creation of Isis was initially announced by the telecommunications companies at the…
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