Market Overview

VeriFone, SK C&C Partner on Mobile Wallet Acceptance

VeriFone Systems, Inc. (NYSE: 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

Posted-In: News Guidance Contracts Management Global

 

Related Articles (PAY)

Around the Web, We're Loving...

Get Benzinga's Newsletters