Payments

News from Mobile World congress Barcelona

MEDICI

1. Examiner - Mobile - Enabling Technologies payments in focus at start of Mobile World Congress

On Monday, as Mobile World Congress 2014 kicked off in Barcelona, the popularity and prevalence of mobile payments have been more apparent. "Many hurdles have stifled the adoption of mobile payments in the U.S. and elsewhere, not least of which is getting consumers to change their purchasing behavior," USA Today reports. "But MasterCard says consumer and merchant sentiment toward mobile payments is improving."

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2. Thedrum - Mobile - Enabling Technologies World Congress: Mastercard deepens mobile services with in-app payment launch

Mastercard has extended its mobile payments proposition with the launch of Masterpass in-app payments, letting users make transactions from within any mobile app. The credit card giant, which unveiled the new service at Mobile World Congress in Barcelona today, has created the service to “eliminate” the need for users to store their bank card information across multiple mobile apps, providing a fast, simple payment experience.

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3. Thepaypers - MWC 2014: MasterCard to acquire C-SAM

At Mobile World Congress, MasterCard has unveiled that it has entered into an agreement to acquire C-SAM, a provider of secure mobile transactions technology offering a range of mobile-based applications for financial institutions, retailers and mobile network operators that incorporate near field communication (NFC), quick response (QR), online, remote, coupons. The terms of the agreement were not disclosed. The closing of the acquisition is subject to regulatory approval and is expected in the first quarter of this year.

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4. Mobilepaymentsworld - LIVE @ MWC: MOBILE PAYMENTS IN EUROPE GATHER MOMENTUM

Working with its partners, Visa says it has doubled the availability of A smartphone making a Visa mobile contactless payment 80 million contactless cards lay the foundation for commercial mobile payments rollouts mobile payments services across Europe in the past 12 months. Mobile payments are now available nationwide in several markets across Europe. Reflecting the move towards consumers being able to pay simply wherever they are, with whatever device they choose, Visa has partnered with players across the mobile and payment industries to offer consumers a choice of services to help them pay, be paid and manage their money.

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