Prepaid On-the-Go

In an era where more time is spent text messaging then making phone calls, it's no wonder why prepaid cards are taking advantage of consumers' attachment to their cell phones. According to this article in the Wall Street Journal blog MasterCard and Blaze Mobile Inc have entered into a trial program where they have sent near-field-communication cards to their customers with instructions for them to attach the cards to the backs of their cellphones. After they set up a prepaid account, they will be able to make payments using their phone as specifically equipped NY taxi companies and several drug stores and retail stores around the US. The Blaze Mobile Wallet program is available at the iTunes App Store for $1.99.

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Payoneer Integrates with 41st Parameter to Reduce Fraud

International Business Times reports today that Payoneer, which is a leader payment solutions that help companies pay other companies worldwide by using reloadable PrepaidMasterCard cards, has integrated 41stParameter's® PCPrint into its international payment services.

PCPrint is industry’s leading tagless device that many banks use across the world in order to reduce online fraud. Payoneer already helps companies pay more efficiently, and at lower costs, but now it is looking to also quickly identify valid transactions. Fraud is a big concern for prepaid card providers, and so this integration will help better manage online transactions.

Ori Eisen, founder and chief innovation officer of 41stParameter mentions:

"Our technology helps banks Member Service Providers -- like Payoneer – as sure their banking customers that the individuals they make payments to are valid. We are proud to help simplify and protect the international payment process by providing the most effective online device IDtechnology."

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