C-SAM and MasterCard have jointly initiated a white label mobile wallet solution based on C-SAM's flexible Mobile Transaction Platform (MTP) enabling seamless integration with MasterCard's pre-paid platform, offers, PayPass Wallet Services and rich informational services.
Raj Dhamodharan, Regional Head - Mobile Ecommerce, Asia Pacific, Middle East & Africa, MasterCard said, "Our partnership with C-SAM offers telcos in the region a NFC solution that comes pre-packaged with prepaid instance issuance, TSM integration and coupon redemption at the point of sale and offers a path to a truly multichannel payment wallet through PayPass Wallet Services."
Felix Marx, CEO, C-SAM said, "We are very proud to be working with MasterCard to offer this innovative solution. The synergistic combination of MasterCard's deep expertise in payments systems with C-SAM's extensive experience in mobile wallet technology and deployments has resulted in a powerful and flexible solution that we believe effectively addresses the needs of major players across the mobile ecosystem for an integrated mobile services offering."
