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MasterCard

Mastercard, Obopay sign mobile payment service deal

MasterCard and Obopay have agreed to offer an on-demand person-to-person mobile payment service in the US using Obopay’s applications and website. The service, offered via MasterCard MoneySend, will give new and existing MasterCard issuing customers the ability to provide a mobile payments service to their MasterCard cardholders on all credit, debit and prepaid MasterCard-branded products.

 

MasterCard launches P2P m-payments in the US

Credit card firm MasterCard is to launch a new person-to-person (P2P) mobile payment platform for its card-issuing banks in the US later this month.