VeriFone, SK C&C Partner on Mobile Wallet Acceptance

VeriFone Systems, Inc. PAY, and SK C&C, the Korea-based global IT services company, announced today they are partnering on deployment of open interface standards and technology platforms for management of digital wallet services, acceptance solutions and mobile commerce. The two companies are currently in deployment activity with several large mobile network operators (MNOs). SKC&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 and flow seamlessly through merchant systems without disruption of traditional transactions. “MNOs See full press release