First NFC-enabled iPhone Pre-paid Wallet To Be Launched In Europe

DeviceFidelity, Vincento Payment Solutions and Mastercard have teamed up to lauch the first pre-paid mobile wallet iPhone app in Europe. The application is to be launched first in the UK, and later in the rest of Europe. The wallet Moneto will also be compatible with Mastercard’s EMV pre-paid card, to allow customers to use the service in ATMs and with retailers who do not accept contactless payments yet.

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