MasterCard sets sights on the next billion consumersBARCELONA, SPAIN: MasterCard has continued its mobile payment leadership and outlined its vision on how to reach the next billion consumers through mobile innovation and partnerships. At a press conference at the Mobile World Congress in Barcelona led by its global head of mobile Mung Ki Woo, MasterCard and leading mobile partners Comviva, Intel, iZettle, Santander and Turkcell unveiled a vision for the future of mobile payments. Together, they outlined their shared vision that the future of reaching the next billion consumers through the mobile channel is fuelled by collaboration and innovation in a collective effort by all the players in the ecosystem including technology providers, mobile network operators and financial institutions. MasterCard also used the world's largest mobile event to celebrate a number of new mobile partnerships and initiatives from around the globe, including:
And we are excited to celebrate our latest industry honor received from the GSMA:
Concluding the press gathering, Mung Ki Wu noted, "Mobile World Congress 2012 provided MasterCard with a unique opportunity to stand shoulder to shoulder with some of the leading players in the mobile industry and outline our shared vision for the future. Mobile presents a significant opportunity to bring commerce and banking into the hands of consumers around the world. Through an innovative approach to mobile commerce, MasterCard and its partners are helping unlock the full potential of mobile commerce and bring billions of consumers into a world beyond cash". |