Items tagged with master card

When it comes to mobile payments, security is an obvious concern. In fact, even the more standard forms of payment are facing all sorts of new security issues these days. In a bid to help things, MasterCard and Syniverse have partnered to test out a new mobile payment methodology that would tap into a phone's GPS in order to approve or deny a given purchase. The news was revealed at Mobile World Congress in Barcelona. The two companies are currently in pilot-phase for an opt-in service that will enable card transactions for users only when they have their mobile device switched on in a specific geolocation abroad. This service aims to reduce consumers’ frustrations associated with having... Read more...