|[February 25, 2013]
MasterCard and Orange Join Forces to Deliver Leading Mobile Payments in Spain
BARCELONA, Spain --(Business Wire)--
World Congress, MasterCard
and Orange (News - Alert) today announced the signing of a strategic agreement to
enhance and accelerate the delivery of innovative mobile payment service
in Spain. The main goal of this agreement is to develop, deliver and
deploy the very latest in mobile payments technologies, ensuring Orange
customers in Spain benefit from the most advanced payment solutions,
offering safety and security on the go.
"Thanks to this strong alliance we will be able to explore and provide
the most suitable payment solutions, giving people across Spain the
chance to shop and make payments easily and safely, wherever and
whenever they are," Pilar Aurrecoechea, MasterCard (News - Alert) Spain and Portugal
general director said.
Alicia Calvo, Orange Spain innovation director, affirmed that "this is a
decisive step for Orange in our commitment to offer to our private and
business customers the most innovative mobile payment solutions using
several technologies for the different scenarios of electronic payments.
The partnership between Orange and MasterCard allows us to combine the
best capabilities to fulfill this promise."
"By signing this partnership MasterCard is continuing to deliver on our
vision of a world beyond cash by creating payment methods that are safe
and simple to use for people and business," Aurrecoechea concluded.
MasterCard is a global leader in the development of innovative payment
solutions using NFC (Near Field Communication) technology for several
years and is a leader in the safe mobile payment apps development. Aong
with banks, technological companies, cellular companies and smartphones
manufacturers, MasterCard has already launched 25 mobile payment
initiatives around the world over the last two years.
Orange is a global leader in the development of NFC solutions with trade
launches already made in France, the UK and Poland, and with the most
innovative experiences in pre-trade payments and transport in Spain.
It is estimated that in 2015, transactions through NFC technology will
mean 74 billions dollars, and in 2016, 85% of the payment terminals will
accept contactless payments. 1
Find a complete list of MasterCard's news announcements from Mobile
World Congress in our Digital
Press Kit and follow us @MasterCardNews #MWCashless
#MAMobileSymp to join the conversation. For new announcements from
Orange, please visit Hall 5, Stand # 5H110.
About Orange Spain
Orange is the third largest operator in Spain with more than 13,2
million customers by the end of 2012. Orange offers to its wide customer
base, including residential and enterprises, mobile, fixed broadband,
and IPTV (News - Alert) services. Orange achieved in 2012 more than 4.000 million euros
revenues and its profitability growth more than 13% up to 951 million
euros. More information at www.orange.es
(NYSE: MA), www.mastercard.com,
is a technology company in the global payments industry. We
operate the world's fastest payments processing network, connecting
consumers, financial institutions, merchants, governments and businesses
in more than 210 countries and territories. MasterCard's products and
solutions make everyday commerce activities - such as shopping,
traveling, running a business and managing finances - easier, more
secure and more efficient for everyone. Follow us on Twitter (News - Alert) @MasterCardNews,
join the discussion on the Cashless
Conversations Blog and subscribe
for the latest news.
1 Juniper Research (News - Alert), 2012
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