Technology Trends EU

Ericsson partners with HomeSend to simplify international payment services

Ericsson recently announced a partnership with HomeSend, a joint venture between MasterCard, eServGlobal and BICS that is changing the way money moves around the world by bridging the gap between financial institutions, non-financial entities and mobile network operators. HomeSend's partnership with Ericsson is to simplify and accelerate the adoption of international remittances via mobile across emerging markets.

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Report says invisible payments to cover 25% of all electronic transactions by 2021

A recent Smart Insights report called ‘Invisible payments key to omni-channel commerce’ by Intelling, a consultancy based in Marseille, France, reveals a detailed analysis of the emerging invisible payments market segment. Invisible payments mean reducing the payments experience for consumers to the minimum amount of effort, while maintaining the highest levels of security, authentication and trust.

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