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MWC 2013: VeriFone, SK C&C team for mobile wallet acceptance solutions

Wednesday 27 February 2013 11:24 CET | News

US-based electronic payment services provider VeriFone Systems has entered an agreement with Korea-based IT services company SK C&C to deploy open interface standards and technology platforms for management of digital wallet services, acceptance solutions and mobile commerce.

SK C&C has adopted VeriFone’s OpenAPI common interface standards that govern communication between a mobile wallet and a merchant’s acceptance device. The OpenAPI standards ensure that value-added wallet data such as offers, coupons and loyalty are universally accepted through merchant systems.

VeriFone’s PAYmedia mobile marketing platform connects the independent ecosystems of issuance and acceptance into one integrated environment. This makes it possible to deliver coupons, promotions and loyalty offers to consumer mobile devices based on geo-targeting, purchase history and demographic data, allowing consumers to receive and redeem promotional and loyalty offers and discounts on their mobile devices at the point of sale.

In recent news, VeriFone Systems has entered a five-year agreement with French department store chain Galeries Lafayette.


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Keywords: MWC 2013, VeriFone, SK C&C, mobile wallet, US, Korea
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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