“MasterCard is once more extending its reach into mobile money services in Europe in partnership with a carrier — this time in the mobile-savvy UK market. The payment processing giant has cut a five-year deal with Everything Everywhere, the JV between France Telecom’s Orange and T-Mobile, to develop mobile payment solutions, with a “co-branded, prepaid solution for mobile devices” enabling contactless NFC payments one of the first planned out of the gate. Later, the two want to include money transfers, loyalty rewards and more. Everything Everywhere is the UK’s largest carrier and the deal will cover 27 million subscribers.”
If you enjoy the content at iBankCoin, please follow us on TwitterRelated Articles
$MSFT Pink Slips 18k Jobs
July 17, 2014
$GS & $JPM Manage to Beat Net Profit Estimates
July 15, 2014