MasterCard Joins Forces with Smart Hub, Inc. – MarketWatch

PURCHASE, N.Y., Jun 09, 2010 (BUSINESS WIRE) — MasterCard Worldwide and Smart Hub, Inc., a subsidiary of Smart Communications Inc., the biggest Mobile Network Operator (MNO) in the Philippines, today announced a joint venture to mobilize MasterCard payment solutions for consumers around the world. The partnership brings together Smart Hub Inc.’s tested mobile payments platform and telecom experience and MasterCard’s global brand, resilient network and electronic payments legacy in order to establish an optimal mobile payments infrastructure for the world’s developing economies.

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