The first, the MasterCard Worldwide Index of Consumer Confidence, proclaimed Indian consumers as the most optimistic throughout Asia.
FORBES: India Simultaneously Most Confident, Least Entrepreneurial Nation In Asia
If you trust Visa or MasterCard with plastic payments, this will be no different, according to Mung-Ki Woo, the head of mobile for MasterCard Worldwide.
MasterCard operates its MasterCard Worldwide Network, which links issuers and acquirers around the globe for transaction processing services and, through them, permits MasterCard cardholders to use their cards at millions of merchants worldwide.
As of Sept. 30, 1.6 billion consumers worldwide had MasterCard and Maestro-branded cards.
Since the introduction of PayPass Wallet Services in May of 2012, merchants and financial institutions worldwide continue to support MasterCard and its digital payments strategy.
Similar to how many credit cards have wireless chips built into them for tap-and-pay, people with newer Android phones from Sprint Nextel will be able to do the same at the 311, 000 stores worldwide that have installed MasterCard terminals.
The company points out that customers can't bank with the card or use it outside the U.S. But other stored-value cards, often branded by Visa or MasterCard, can be accessed for cash via atms worldwide and reloaded with cash online or at checkout counters without a bank account or face-to-face identity verification.
This more recent data--courtesy of Spending Pulse, the economic research arm of MasterCard (nyse: MA - news - people ) WorldWide--divides U.S. consumer discretionary spending into eight buckets: air travel, e-commerce, electronics, furniture, lodging (as in hotels, not primary residences), apparel, luxury (excluding jewelry) and restaurants.
The MasterCard Mobile Money Partnership Program is a global initiative by MasterCard to provide financial services to more than 2.5 billion financially under-served consumers worldwide through their mobile phones.
FORBES: MasterCard Targets its Next Billion Customers with Mobile Partnerships
Mobile phones will be the key to this growth and MasterCard is positioning itself to capitalize. eServeGlobal has established itself as a mobile services provider in more than 50 countries worldwide, with more than 90 mobile and financial services customers.
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