It is clear that MasterCard have taken mobile payments seriously, if the number of initiatives announced during the past period is an indication. As one of the big card payment providers and a major player in payments in mature economies, this is further ratification of the importance of this industry for emerging markets.Some of the announcements that I picked up on lately are the following:
- Launching NFC based payments in conjunction with RIM's Blackberry and Etisalat in the UAE (Read here)
- Utilising Intel two-factor authentication in conjunction with Symantec to bring more secure mobile payments to market (Read here)
- Talks about launching a MasterCard mobile payment gateway in Indonesia (Read here)
- Making key appointments in Nigeria (some with prior mobile telecommunications experience (Read here)
- Launching a online payment model utilising mobile phones in conjunction with Airtel and Standard Chartered (Read here)
- Application to link a MasterCard number to a mobile phone to perform mCommerce transactions in Hungary with a number of telco's (Read here)
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