Oberthur to Buy Mobile Financial Services Firm
Oberthur today announced that is has agreed to acquire MoreMagic for an undisclosed sum. MoreMagic's chief product is called Mobile Money, which offers people the ability to make mobile payments, send money to others, as well as receive money on their mobile device. It targets both developed and developing regions. Oberthur, which makes smart card technology found in SIM cards, said that once the acquisition is complete, it will be able to offer a wide range of mobile financial services, including payment and money transfers and NFC-based transactions, to its customers.
May 18, 2017
Google this week rolled out the Google Payment API, a new set of capabilities that will allow anyone to make in-app or online payments with any debit or credit card associated with their Google account. Google says this option will simplify the process for people to checkout and make purchases online, as it negates the need to fill out cumbersome purchasing forms.
Nov 29, 2018
T-Mobile has rolled out a digital banking service called T-Mobile Money. T-Mobile says T-Mobile Money is available to T-Mobile customers as well as non-customers.
Apr 11, 2017
Facebook today made it possible to pay groups of people within Messenger. The app has supporter peer-to-peer payments since 2015, but they were limited to single people.
Mar 12, 2018
Apple today said it has agreed to acquire Texture, a digital magazine subscription service, for an undisclosed sum. According to Apple, Texture powers the digital experience of some 200 magazines on mobile devices.