Tez, the ultrasonic mobile payment solution by Google in India

  In September, Google entered into the Indian payment space by releasing it’s new application called « Tez », which means « fast » in Indian. Google decided to attack the Asian payment market, where mobiles aren’t as developped as in our countries, where the NFC technology is the norm. The application wants to…

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MasterCard reveals new ways to do online payments with mobile devices

Everyone who wants to do online transactions has only one concern: They want to do them safely. MasterCard has now tested new ways to make them more secure. For that, the card company used QR codes and includes them to its PayPass application.

Source: Flickr.com

To develop these new functions, the company cooperated with the Dutch bank ING group that tested two ways of securing online transactions in the Netherlands. The purpose of this cooperation is to give online transactions the same level of security as the payment with a credit card in a store.
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