13 March 2018 | Mobile commerce | Mobile payments | News | Payments

Ant Financial is looking for further expansion into global markets and wants to anchor its presence in Pakistan through the purchase of a 45% stake in Telenor Microfinance Bank (TMB), a mobile financial services startup owned by Telenor, a Norwegian telecommunications company. According to the reports, under the terms of the deal Ant Financial will pay the price of $184.5 million for the 45% ownership of the startup.

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6 March 2018 | Banking techs | Mobile commerce | Mobile payments | News

Mastercard announced acquisition of Oltio, a mobile payments technology business, from its partner in South Africa, Standard Bank. Mastercard has been so far using the platform of Oltio for authorizing transactions for customers in the region using its Masterpass digital wallet. Oltio was incorporated as a joint-venture of Standard Bank and local airtime operator MTN.

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1 March 2018 | Financial startups | Mobile commerce | Mobile payments | News

MobilePay, a provider of credit card payment services based on mobile devices, owned by Danske Bank, is pushing its way into the Finnish market through establishing an independent subsidiary and entering into a deal with S Group and its S-Bank. Under the terms of the deal customers in Finland will be able to use mobile payment functionality to pay for purchases made at nearly a thousand grocery stores across the country both instore and online.

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21 February 2018 | Mobile commerce | Mobile payments | News | Payments

MusicPlanet Live, a UK-based live music directory, enabling artists and performers to promote their live performances while allowing fans to search for live music events and favorite music genres, issued a press-release announcing the partnership with CellPoint Mobile, a provider of mobile payment services and solutions for travel, hospitality and entertainment industries.

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9 February 2018 | Mobile commerce | Mobile payments | News | Payments

WhatsApp is conducting a pilot test in India to trial a new functionality enabling users to make payments online and send money to their families or friends in the contact list. No official comment or announcement was made by the mobile app creators, and the reports come from the sources with the knowledge of the matter.

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