Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
MasterCard mFoundry team up on mobile payment options
PURCHASE, N.Y., and SAN FRANCISCO (12/5/11)--MasterCard and mFoundry have partnered to combine MasterCard's Tap & Go PayPass technology with mFoundry's mobile financial services platform to make mobile contactless payments accessible to more consumers.

The partnership includes an investment by MasterCard in mFoundry.

Mobile PayPass, which uses near field communication (NFC) technology, allows consumers to make payments by tapping their NFC phone on any PayPass-enabled terminal at a merchant check-out.

mFoundry provides mobile banking solutions for more than 560 banks and credit unions.

MasterCard and mFoundry also will collaborate to provide mobile phone operators an application that supports Mobile PayPass, which will allow them to offer mobile contactless payments to their customers.


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
1 Day ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
1 Day ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
1 Day ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
1 Day ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
2 minutes ago