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21st September 2011

E-Debit Global Commences Review of Mobile Payments Marketplace

e-debit globalIn conjunction with European and South African mobile Telco software and infrastructure provider IN-CORP SA’s Canadian subsidiary MapleTel.com, E-Debit Global Corporation  has commenced a review of the mobile payments marketplace with Capital Six Limited, its joint venture with ebackup Inc.

“We are commencing our review of our opportunities related to the mobile payments marketplace, particularly in the Canadian business space,” E-Debit Chief Executive Doug Mac Donald said in a joint statement with ebackup Inc. President Rowland Perkins.

“We believe experience gained through the Canadian introduction and roll out of EMV (the payment and security standard for interoperation used for authenticating credit and debit card payments at chip enabled terminals developed for payment systems by Europay, MasterCard and Visa and introduced by the Interac Network) combined with MapleTel’s international Telco infrastructure and software expertise holds great opportunity for virtual terminal development which allows transactions processing using any mobile phone, tablet or any type of device with an Internet connection,” they added.

“I am looking forward to working with E-Debit and ebackup in bringing a mobile payments solution to the Canadian marketplace which today is virtually nonexistent due to dealing with the complex nature of EMV and PIN verification,” stated John Kok, President of MapleTel.

“Combining E-Debits “processing Switch”, ebackup’s “Cloud” based PCI compliant data centre, technical and back up support and our Telco and software experience, the potential for success within the Canadian e-commerce business segment is very significant,” Mr. Kok stated.

This entry was posted on Wednesday, September 21st, 2011 at 11:43 am and is filed under Business News, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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