New system soon to book train e-tickets

Last Updated: Friday, September 14, 2012, 15:07

This will involve the Interbank Mobile Payment Service, railway sources said Friday.

MTS plans to launch app for mobile payment through cards

Last Updated: Wednesday, June 27, 2012, 19:31

Sistema Shyam Teleservices, which offer telecom services under the MTS brand, plans to power its smartphones with a card swipe device which would facilitate mobile payment through credit or debit cards.

Fino buys out Nokia's mobile payment arm

Last Updated: Wednesday, June 27, 2012, 17:32

Financial inclusion facilitating firm Fino on Wednesday said it has acquired Finnish handset-maker Nokia's mobile payment services business in the country for an undisclosed sum that will help it enter the prepaid mobile payments segment.

‘Mobile payments market to touch $245 bn by 2014’

Last Updated: Monday, September 26, 2011, 16:15

Billed as the future of banking, the value of financial transactions carried out through mobile phones has been pegged at USD 245 billion worldwide by 2014 in a new report by global consultancy firm Ernst & Young.