MasterCard and Beam plan to to Reach 14 Million New Customers

At Mobile World Congress yesterday , MasterCard announced its collaboration with Beam, a revolutionary mobile and electronic commerce wallet, to launch a first-of-its kind, low-cost, MasterCard mobile companion pre-paid card that will allow over 14 million mobile wallet consumers of Beam to transact at physical merchants, online and access ATMs. The prepaid card will seamlessly … Continue reading “MasterCard and Beam plan to to Reach 14 Million New Customers”

HDFC bank launches pilot mobile financial inclusion initiative with Vodafone’s M-Paisa

HDFC bank last year tied up with Vodafone to launch it’s bank services to be delivered through it’s  M-Paisa platform. The pilot program was recently reviewed by senior RBI officials in Rajasthan, India. On the successful completion of the pilot, HDFC plans to roll out the service through out India and has set an ambitious target of acquiring 10 … Continue reading “HDFC bank launches pilot mobile financial inclusion initiative with Vodafone’s M-Paisa”

Beam Money becomes one of the first companies to get GIIRS Impact Rating

Beam Money announced last week that it has received their GIIRS Impact Rating (giirs.org), joining an elite group of social entrepreneurs and sustainable businesses around the globe to become one of the first companies to receive a GIIRS Impact Rating. Beam received a 5 star rating on its impacts on governance, workers, community, environment and … Continue reading “Beam Money becomes one of the first companies to get GIIRS Impact Rating”

Mobile Payments in Rural India 2012 : White Paper

TSYS last week announced the completion of a white paper titled ‘M-Payments and Prepaid Poised to Define Financial Institutions’ : Delivery of Banking & Payment Services to Rural India, which considers the key imperatives that will enable m-payments to fulfill their promise in India. The paper offers insights from TSYS-sponsored market research with Evalueserve, and explores … Continue reading “Mobile Payments in Rural India 2012 : White Paper”

Citi India announces launch of Cash-To-Mobile solution with Coco-Cola India

Citi India last week announced a significant addition to its Mobile receivables solution functionality introduced by the Global Transaction Services business group, with the launch of Citi Cash-To-Mobile Receivables Solution. Aimed at Corporate and Institutional clients, this market first solution empowers corporate customers to receive funds from retailers or end customers instantly via mobile. As the first bank … Continue reading “Citi India announces launch of Cash-To-Mobile solution with Coco-Cola India”

Mobile money global gateway launched

The mobile money global gateway (mobile-money-gateway.com) was launched today by Clarion events ltd and features the latest news, views, videos, webinars, market reports, events and a comprehensive directory of all the major products and suppliers in the mobile money eco-system. You can sign up today and start benefitting from: The latest industry headlines all in … Continue reading “Mobile money global gateway launched”