Select a page

Banking News

Card giant hires Orange m-payments executive

Card giant hires Orange m-payments executive

(18 January 2010 – Global) MasterCard has acquired Orange payments chief Mung Ki Woo to head up its mobile payments and commerce initiatives, according to NFC Times. Mr Woo, currently VP of electronic payments and transactions at Orange, will report directly to Ed McLaughlin, chief emerging payments officer at MasterCard in his new role.

MasterCard is following in the footsteps of rival Visa, which also recently poached a telco veteran - the GSMA's Bill Gajda - to look after its increasingly valuable mobile operations.

Orange has been at the forefront of mobile NFC projects, recently committing to start issuing NFC SIM cards to existing subscribers from the second quarter.

Mr Woo has also been involved in mobile money projects in African countries such as the Ivory Coast.
East & Partners's avatar

Comment on this article


Your comments will not be published. Required fields are marked *


Please enter the word you see in the image below:


Subscribe to our mailing list

Sign up now to keep up-to-date with the latest
market news and insights in B2B banking.

* indicates required

For more information please read our Terms and Conditions and Privacy Statements.