Everything Everywhere and MasterCard team up

MasterCard’s deal with T-Mobile and Orange has come to an end. A new 5 year deal between MasterCard and Everything Everywhere has been forged. Their plan is to develop a person to person payment system close in comparison to Pingit.  This is not good news to rival networks O2 and Vodafone, who are also working together to build out a unified mobile payment service called Project Oscar, which would have standardized the system across the nation. Vodafone is currently partnered with Visa and O2 is attempting to establish their own system. It will be interesting to see just how this all pans out in the grand scheme of things. Stay tuned.
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