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How they describe themselves: Carta is a next-generation payment processing platform, focusing on prepaid, mobile, and emerging payments. With a Platform-as-a-Service (PaaS) model, Carta delivers advanced transaction processing, along with an extensive range of services that allow corporate clients to easily deploy innovative payment products using mobile, NFC, e-commerce and smartcard technology.

Carta is a certified Third Party Processor and Service Provider with Visa and MasterCard and fully compliant with the highest level of payment industry standards, allowing Carta to deliver secure network payments service in a system specifically architected to support the new generation of accessible, connected payment products. Carta provides prepaid and mobile payment products and services in Europe, Middle East/North Africa, and North America & Caribbean.

How they describe their product/innovation: Carta-Connect for Mobile is a turn-key product for Issuers and MNOs that brings NFC Mobile-Payments to market with a rapid and low-cost deployment model. Utilizing a virtual account instantly personalized to the mobile phone, consumers can access immediate spending power with any NFC enabled-handset. This introduces a simple and convenient experience for consumer adoption, while limiting exposure of personal banking information.

By leveraging underlying technology in place, Carta reduces setup and deployment cost for NFC projects, and minimizes the need to update core systems. Offered as an end-to-end product, or compatible with existing m-wallet applications, the uniquely flexible solution represents a key step in the mass-market adoption of NFC Mobile-Payments.

Contacts:

Bus. Dev., Press & Sales: Giles Sutherland, Dir. Marketing & Strategic Development, gsutherland@cartaworldwide.com, (416) 840-5611 x112