The bank has launched this new solution for merchants in order to let them use mobile devices to accept payments. The EcoBank MasterPass QR code based mobile payments solution launched with small merchants in mind. This service makes it possible for merchants to use their mobile phones to accept payments from their customers. This solution is the result of a partnership between Ecobank and MasterCard in a broader retail payment strategy. Through the MasterPass QR code, Ecobank’s merchant customers can use any mobile device to accept payments. This eliminates the…
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MasterCard QR code payment to launch with RBL Bank
Ratnakar Bank has joined up with the credit card giant to offer mobile payments via quick response codes. RBL Bank has become the first in India to integrate the MasterCard QR code into its mobile payment service. This has brought the quick response codes into the OnGo mobile wallet. OnGo is the RBL Bank mobile platform which is jointly powered with India Transact. This according to a statement from MasterCard. The goal is to launch a new mobile wallet into the Indian marketplace that will become a major player. This…
Read MoreMasterCard to launch new mobile commerce platform in UAE
New platform to be released in the United Arab Emirates later this year MasterCard is preparing to increase its mobile commerce efforts in the United Arab Emirates. The country has become a very prominent mobile market, with smartphone penetration rising rapidly. As mobile devices begin to play a more significant role in the lives of consumers throughout the country, they are looking for services that allow them to shop online directly from these devices. MasterCard is set to launch a new mobile wallet that may be able to accommodate the…
Read MoreMasterCard mobile payments technology “Blend” maybe a winner!
The 2013 Money2020 event showed a step away from an exclusive focus on NFC technology. Though Las Vegas is alive and hyped at any given time, the Money2020 event, this year, created even more of a stir as news of the focus of mobile payments giants, such as MasterCard and PayPal, on the use of QR codes has turned tech predictions on their heads. Ed McLaughlin from MasterCard was in attendance and revealed a number of insights. McLaughlin is the chief emerging payments officer at MasterCard and he explained that…
Read MoreMasterCard introduces new mobile commerce service
MasterCard advances on mobile commerce plans MasterCard is taking another step in its plans to dominate the mobile commerce market. The company has launched its new MasterPass service, which allows consumers to use any payment card or mobile device to conduct mobile commerce. MasterCard has been showing strong interest in mobile commerce because of the growing proliferation of smartphones and tablets. As these devices become more common among consumers, they are causing a shift in the way people shop and pay for products. These consumers have come to favor their…
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