wordpress blog stats
Connect with us

Hi, what are you looking for?

C-SAM & MasterCard To Offer NFC Mobile Wallet Solution In Africa, Asia Pacific & Middle East

C-SAM, a mobile technology firm, has announced a partnership with MasterCard to offer a contact-less mobile wallet solution in Africa, Asia Pacific and the Middle East. The white label mobile wallet solution, based on C-SAM’s Mobile Transaction Platform (MTP) claims to enable seamless integration with MasterCard’s pre-paid platform to offer PayPass Wallet Services and informational services. The PayPass Wallet service allows users to pay for items online or in-store through a one-touch process. C-SAM also claims that the service will solve complexities of managing multiple mobile devices & operating systems, secure elements, and connections to multiple third party systems. The integrated service will offer telcos an NFC based solution that comes pre-packaged with prepaid instance issuance, TSM integration and coupon redemption at the point of sale and also offer a multi-channel payment wallet through PayPass Wallet Services. US-based C-SAM, Inc. provides solutions  in secure mobile transactions technology and offers a range of mobile phone based applications for financial as well as non-financial services. The company has operations in USA, Singapore, Japan and India. MasterCard, is a payments and technology company that operates in more than 210 countries and territories, the company claims. Its clients in India, include ICICI Bank, ING Vysya Bank, Jet Airways, Tata AIG an L&T, among others. Other developments in mobile payments While we agree that a single service will not dominate the mobile payment space, the development in this area is highly scattered. Everyone from telecom operators to credit card companies are trying to crack the mobile payment code yet there's hardly…

Please subscribe/login to read the full story.
Written By

Free Reads

PhonePe

News

PhonePe explained that this collaboration with UAE’s Mashreq Bank was facilitated through Mashreq’s partnership with NPCI International Payments Limited (NIPL).

News

Bankman-Fried has also been ordered to forfeit $11 billion to repay the aggrieved customers of his crypto-exchange platform FTX.

Amazon

According to UOKiK, Amazon misled users into believing that placing an order or receiving an order confirmation was tantamount to a sales contract, which...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ