MasterCard, VimpelCom Partner to Offer Mobile Money Globally

MasterCard MA and VimpelCom VIP today announced a strategic partnership combining MasterCard's best in class mobile payments technology and solutions with VimpelCom's globally integrated telecommunications services. The partnership will provide innovative payment solutions to a new generation of customers, both banked and underserved, to VimpelCom's 212 million customers in 18 countries. While key markets have been identified for the roll out of mobile money services, a prepaid program in Italy for Wind Italy's customers, in partnership with CartaLIS. Italy will be the first program to launch in 2013. Further country and market deployments will leverage See full press release