Wednesday 27 August 2014 | RSS

 
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MasterCard and C-Sam offer white label wallet solution

MasterCard and secure mobile transaction specialist C-Sam are to offer a white label NFC wallet solution to mobile operators, retail banks and payment providers in Asia Pacific, Middle East and Africa.

MasterCard

The mobile wallet product will be based on C-Sam’s Mobile Transaction Platform (MTP) and offers seamless integration with MasterCard’s prepaid platform and the PayPass Wallet Services announced earlier this month. The benefit to customers, the partners explain, is that the offering solves the complexities of managing multiple mobile devices, operating systems, secure elements, and connections to multiple third party systems.

“Our partnership with C-Sam offers telcos in the region an NFC solution that comes pre-packaged with prepaid instance issuance, TSM integration and coupon redemption at the point of sale,” says Raj Dhamodharan, MasterCard’s regional head of mobile and ecommerce.

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