MasterCard launches mobile payment in South Africa

Thursday 19 April 2012 | 12:57 CET | News
MasterCard and Oltio, a joint venture between MTN and Standard Bank, have introduced MasterCard Mobile to the South African market. It will enable MasterCard and Maestro cardholders to use their PIN-based debit, cheque or credit cards issued by Absa, Nedbank and Standard Bank, and a mobile phone on the MTN or Vodacom networks to pay for online purchases, IT-Online reported. A key feature of MasterCard Mobile is that it enables these Maestro cardholders to make secure online purchases for the first time, which in the past has not been the case. Cardholders select the MasterCard Mobile payment

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Categories: Internet / Mobile & Wireless
Companies: MasterCard / MTN / Vodacom
Countries: South Africa
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