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CyberSource, a Visa Inc company, has announced an agreement with LINE Thailand which will allow the latter to enable mobile payments for its users on LINE Pay, the app’s mobile payment service.
U Mobile has rolled out its U Mobile QuickPay mobile point-of-sale (mPOS) solution, which only requires a smartphone, the Quickpay app and an EMV (Europay/ MasterCard/ Visa) approved card reader for transactions to take place.
Soft Space International, whose mobile point of sale solution has been adopted by some of the major banks in the region, has been approved for a 1:1 matching grant worth RM18.4 million (US$5.6 million) by the Malaysian Investment Development Authority, a boost to the company's efforts to become a 'payment innovator.'
The priorities for Asian mobile service providers (MSPs) in 2014 should include a comprehensive review of their service portfolios, the re-evaluation of what works and what doesn’t, and the introduction of new innovative services that will shore up their top- and bottom-lines, according to Frost & Sullivan.