LinqUs Mobile Payment Platform
Gemalto, a provider of digital security, is expanding its mobile payment software solution to include the Western Union Money Transfer service (view press release). Gemalto’s LinqUs Mobile Payment Platform will offer end users new options to send and receive money across borders with their mobile phone. Gemalto is hoping to tap into the mobile money transfer market, which is expected to increase tenfold by 2016, topping an estimated 304 million.
“International remittances are critical to the livelihood of families and communities in many developing markets, and we’re aiming to make it available to all by building the bridge to the mobile device,” said Jean-Claude Deturche, Gemalto’s SVP of mobile financial services. “Working with Western Union means we can support our customers to introduce convenient and reliable mobile money transfer services from virtually anywhere in the world.”
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