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Oberthur Technologies to acquire MoreMagic for mobile money services

Friday 2 March 2012 00:58 CET | News

US-based secure technology company Oberthur Technologies is set to acquire mobile payments platform provider MoreMagic Solutions.

Under the terms of the acquisition, Oberthur Technologies and MoreMagic are set to provide mobile money services including end-to-end payment and money transfer services enabling mobile operators and financial institutions to deliver financial services in mobility such as proximity, remote payment and mobile banking.

In recent news, Oberthur Technologies has entered a partnership with US software services provider Interop Technologies to integrate the latter’s CDMA OTA provisioning platform into its OTA management service.


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Keywords: Oberthur Technologies, MoreMagic, mobile money services
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce