(BBC) - Mastercard has secured a deal with the UK's biggest mobile telecoms operator to promote its digital wallet services.
The US-based payments company will co-develop services with Everything Everywhere (EE), which runs Orange and T-Mobile branded services.
Mastercard said the move would support the "accelerated adoption" of payments made with mobile devices thanks to EE's 27-million-strong customer base.
O2, Barclays, Visa and Paypal are among those developing rival services.
Mastercard said one of the first products would be a service in which users pre-pay money into an account before being able to spend it via handsets equipped with near-field communication (NFC) technology.
It added that more than 100,000 retailers in the country would be able to accept the contactless payments... Source/Origin >> Read More