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Scandinavia - TheCard invests in MobiClear's new transaction services.

Europe Intelligence Wire

| December 04, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Telecompaper Europe)

Payment services provider TheCard Scandinavia has signed an agreement with MobilClear regarding two new security services offered by MobiClear. The two patented services are based on a technology that uses the mobile phone to authorise transactions on the internet, in stores and at ATMs. MobiClear Card Security provides security to card transactions by having customers enter a four-digit PIN via mobile phone. The user can switch on and off the account and card via the ...

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