On June 10 2013, Mahala is set to launch a limited-availability beta version of its mobile payments app with select partners on the Android operating system. With the app, consumers can scan the company’s QR codes with their phones to complete transactions. As Mahala users scan sellers’ S-QR codes, bank account information is never stored at the point of purchase – unlike credit cards or traditional QR payment systems.
In recent news, First Data has selected HP Converged Infrastructure to launch its VisionPLUSFlex solution, which enables financial institutions to process payment portfolios of up to 10 million accounts.
For more information about First Data, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.
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