Tag: MasterCard

Gemalto receives MasterCard approval for new mobile payments system

New cloud-based mobile payments system has won the approval of MasterCard

Gemalto, a prominent digital security firm, has received approval from MasterCard to complete its cloud-based mobile payments system. The new system is meant to serve as an all-encompassing solution, including support for backoffice server platforms and payment software running on a consumer’s mobile device. The system will leverage the power of cloud computing technology, which will make it more secure and allow it to better accommodate the needs of consumers and businesses alike.

Security remains a major issue that requires attention in the mobile payments space

MasterCard spent a significant amount of time evaluating the mobile payments system from Gemalto. The company was particularly interested in the security aspects of the system, as Gemalto has extensive experience in digital security. Mobile security has become a quite important issue in the mobile payments space. As mobile commerce has grown in popularity, it has become an attractive target for malicious groups that want to exploit consumer financial information. Gemalto has been an advocate for security, especially in the mobile payments space, for several years.

Payment system will be part of the Allynis Trusted Services Hub

MasterCard Approval - Mobile Payments The new payment system will be a part of Gemalto’s Allynis Trusted Services Hub, which serves as a turnkey business service for financial institutions. Merchants and banks will be able to use the system to effectively engage mobile consumers. Gemalto notes that the new system will be secure, providing users with piece of mind, especially as security threats become more prominent.

Companies are beginning to feel pressure to embrace mobile payments services

Mobile payments are becoming more popular among consumers, many of whom are beginning to base a significant portion of their lives on their smartphones. This has begun to pressure several companies, particularly those within the retail industry, to embrace new mobile-centric services, such as payment and mobile security systems. These companies have begun to invest in systems like those provided by Gemalto, which will allow them to better connect with consumers and ensure their success in the mobile payments field.

Innovation in mobile commerce showcased at CES 2016

MasterCard and Samsung team to bring new mobile commerce services to consumers

Several organizations involved in the mobile commerce space have begun showing off their new projects at the annual Consumer Electronics Show in Las Vegas, Nevada. These companies have been showcasing innovative products that may revolutionize the mobile commerce space. MasterCard is one of these companies, which has introduced a new mobile application that will allow consumers to order food and groceries from their refrigerator. MasterCard has partnered with Samsung to make this possible.

Groceries by MasterCard brings a new twist to the mobile shopping space

The new app is called Groceries by MasterCard and can be used by those with a Samsung Family Hub refrigerator. Using the app, consumers will be able to place orders for food and groceries, which can be either delivered to their homes or can be picked up at a local store. MasterCard and Samsung are not the only companies bringing innovation to the mobile commerce space, of course, as Huawei, an electronics company based in China, has also introduced new mobile devices that could make mobile commerce more convenient.

Huawei introduces new phones that offer better security features and extended battery life

Mobile Commerce - Samsung & MasterCard partnershipLast year, Huawei, which is the third largest maker of smartphones in the world, introduced a smartphone with a battery system that can be used to power other devices. This year, the company has introduced two new phones, which can last longer than two days of uninterrupted performance before needing to be charged. The phones also include fingerprint scanners, which will allow consumers to protect their sensitive information more easily. This could be a boon for those interested in mobile commerce, as these devices will protect financial information.

Mobile commerce is growing aggressively in China

Mobile commerce is growing quickly throughout the world, but Asia is seeing the most significant growth. China, in particular, is becoming one of the world’s leading mobile commerce markets, especially as more consumers gain access to smartphones that provide convenient services. Innovation in the mobile commerce space is likely to encourage consumers to use their mobile devices to get their shopping done more frequently.