Through its MoreMagic Mobile Money service, Oberthur Technologies enables a suite of banking, payment and commerce services in areas where there is a lack of banking infrastructure. Relying on the industry’s suite of applications, the offering connects a global mobile financial ecosystem that links mobile operators, financial services organizations, retail distributors, NGOs and other businesses.
Through the MasterCard MMPP, Oberthur Technologies is set to enhance its existing mobile money offerings and give access to the open loop MasterCard network thanks to a number of MasterCard services, including prepaid companion cards that can be used at merchants accepting MasterCard cards, virtual card accounts for e-commerce payments using the mobile money account, and person-to-person (P2P) payments between subscribers of two different mobile money services.
Oberthur Technologies is a services provider in the field of secure technologies: systems development, solutions for smart cards (payment cards, SIM cards, access cards, NFC) and for identity documents, traditional and electronic (identity card, passport, health care card).
In recent news, Oberthur Technologies has joined the FIDO Alliance and has been appointed to the Board of Directors.
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