Under the agreement, consumers in India are set to be able connect their existing mobile wallets to MasterCard acceptance and electronic payments to pay utility bills, make fund transfers, book movie or travel tickets and withdraw money from ATMs as well as Beam franchises. The prepaid card will seamlessly synchronize with the customer’s existing Beam account.
Beam services include telecom/DTH-TV/data card recharge, utility bill payments, rail, air and bus travel bookings, mobile/e-commerce, movie tickets, ringtones, wallpaper, songs, games, COD/home delivery and more.
In recent news, MasterCard has entered an agreement with French mobile network operator Orange to enhance and accelerate the delivery of mobile payment services in Spain.
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