Mobile wallet providers race to the starting line

JAMAICA- The providers of mobile wallet technology and Jamaican service providers are already developing partnerships to launch into business as soon as the central bank green lights the permits. The Bank of Jamaica has formulated a new payment system and has invited companies to apply for mobile money licences. Advanced Integrated Systems (AIS) of Kingston has launched a visible marketing campaign for US-based technology partner MOBIbucks. And PayToo Mobile Wallet is working with former business process outsourcing entrepreneur, Jamaican, Patrick Casserly, on a regional roll-out. More