MasterCard forms JV with Smart Hub for m-payments

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MasterCard Worldwide and Smart Hub, a subsidiary of Smart Communications, the biggest mobile carrier in the Philippines, have announced a joint venture. Its aim is “to mobilize MasterCard payment solutions for consumers around the world.’

The joint venture will build upon their introduction of the MasterCard Mobile Payments Gateway, an m-payment processing platform designed to facilitate MasterCard Mobile Payment Solutions in developing markets. The first launch is scheduled in Brazil with Ita