Mobile operators and financial institutions will be able to
offer a best in breed user experience to their customers while staying focused
on relevant, customizable and profitable mobile services.
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,” said Raj
Dhamodharan, regional head of Mobile and Ecommerce for Asia Pacific, Middle
East & Africa for MasterCard.
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,” said Felix Marx,
CEO, C-SAM.
C-SAM licenses technology and provides turnkey services to
carriers, banks, merchants, settlement networks, healthcare providers, and
large infrastructure providers.
C-SAM has launched commercial services in the US, Japan,
China, India, Singapore, and Mexico.
C-SAM’s mobile wallet management platform supports different
handset environments and mobile carrier networks, as well as
near-field-communication (NFC) based secure proximity transactions for payment
as well as non-payment applications.