Technology

Mastercard launches Pay Local, enabling Asia’s digital wallet providers to process card payments from more than 2 billion Mastercard cardholders

Published

11 hours ago

November 5, 2024

International travelers can now pay like locals at more than 35 million merchants across Asia Pacific

SINGAPORE, Nov. 5, 2024 /PRNewswire/ — Ahead of the Singapore FinTech Festival, Mastercard today introduced Mastercard Pay Local, a global service that makes it easy for consumers to make card payments to merchants using local digital wallets. With Mastercard Pay Local, resident cardholders or international travelers can easily link their credit or debit cards to a digital wallet and immediately shop at participating merchants, without needing to set up or top up a prepaid account.

Leading wallets in Asia Pacific, such as DANA in Indonesia, Touch ‘n Go in Malaysia, Bakong in Cambodia, and LankaPay in Sri Lanka, will use Mastercard Pay Local to facilitate payments for consumers at more than 35 million merchants in the region that accept these wallets. Beyond Asia Pacific, the service is also geared towards regions where digital wallets are widely used for everyday purchases, such as Latin America, Eastern Europe, and the Middle East and Africa.

Mastercard Pay Local benefits everyone involved:

Residents can pay the micro, small and medium enterprises (MSMEs) that do not accept traditional card payments, while tourists and international travelers can enjoy convenient, seamless payments across the destinations they’re visiting.Hundreds of millions of MSMEs can experience increased reach with minimal infrastructure investment or disruptions to their operations.Wallet operators can extend their customer base by attracting individuals who primarily use cards, providing a smooth consumer experience and achieving quicker time to market.Card issuers can deliver more points of acceptance for the consumers they serve.

“With Pay Local, Mastercard is extending its global network to partner wallets and expanding acceptance by making it possible for Asia’s digital wallets to process card-based payments. This creates a low-cost, simple, stable, and secure connection between over 35 million merchants in Asia Pacific and two billion Mastercard cardholders,” said Sandeep Malhotra, executive vice president, Products & Innovation, Asia Pacific, Mastercard. “Locals benefit from new payment options while tourists can use their cards as they do at home, making travel infinitely easier, with one less thing to worry about while on the road.”

Pay Local builds upon Mastercard’s existing collaborations with leading wallet providers, including Alipay and Weixin Pay in the Chinese Mainland and Octopus in Hong Kong SAR, to offer a convenient way for international visitors to pay like locals when traveling to these locations, regardless of where in the world their Mastercard card was issued.

In addition, a range of digital wallets across the region already accept Mastercard cards for funding, enabling easy payments at merchant locations that accept these wallets, including GrabPay in Southeast Asia, Maya in the Philippines, ShopBack in Singapore, and TrueMoney in Thailand.

Businesses that would like to learn more about Mastercard Pay Local should visit the information page and fill out the form. A member of Mastercard’s team will get in contact with more details.

Hear from our partners:

DANA:
“At DANA, we are committed to enhancing the accessibility and convenience of digital payments for all users. By collaborating with Mastercard, we are excited to offer international travelers a seamless way to register and bind their cards to DANA, furthering our mission of bridging financial inclusion across borders. This collaboration reflects our dedication to improving user experience and supporting global financial mobility as we anticipate increased international travel,” said Darrick Rochili, chief innovation officer of DANA.

Touch ‘n Go:
“As Malaysia’s leading digital wallet and financial services provider, we are proud to have expanded our services beyond national borders, enabling users to travel cashless and make seamless payments internationally. Our collaboration with Mastercard underscores the strength of our open platform strategy, allowing us to extend cashless payment solutions to international travelers visiting Malaysia, contributing to the country’s tourism industry and economy. We are pleased to offer inbound tourists the convenience of cashless transactions via QR payment at over 2 million merchants, retail outlets, and service providers across Malaysia,” said Alan Ni, CEO at TNG Digital.

About Mastercard
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions safe, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
www.mastercard.com

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SOURCE Mastercard

Technology

DriveNets and Radisys Partner to Enable Network Transformation Projects with European Service Providers

Published

6 mins ago

November 5, 2024

New partnership to focus on network scaling projects and new services rollout, as well as end-to-end network orchestration, integration and control

RA’ANANA, Israel, Nov. 5, 2024 /PRNewswire/ — DriveNets, a leader in innovative networking solutions, and Radisys, a global leader in open telecom solutions, today announced a partnership to deliver end-to-end networking projects that enhance network scale and accelerate new services rollouts for European service providers. This partnership expands DriveNets’ growing global partner ecosystem, extending the company’s presence in Europe.

Through this partnership, Radisys will provide end-to-end integration of DriveNets’ Network Cloud solution, as well as Radisys’ Connect Modular Broadband end-to-end control and orchestration system, for service provider’s networks.

The companies have already conducted a successful proof of concept with a service provider in Germany and are pursuing additional joint business opportunities with operators in Europe.

“Expanding the industry ecosystem behind open disaggregated networks is key to the success of network transformation projects,” said Nir Gasko, vice president of Global Strategic Alliances at DriveNets. “By working together, Radisys and DriveNets bring the deployment experience and deep technical expertise required to support network transformation projects and AI infrastructure buildouts across Europe.”

“Radisys has been working with global providers to build high-performance open and disaggregated networks rapidly and significantly reduce network costs.” said Hans-Joerg Kolbe, vice president of Strategic Market Development, Radisys. “Partnering with DriveNets allows us to accelerate these projects’ time-to-market and offer service providers a broader range of network solutions and support capabilities.”

Learn more about DriveNets’ solutions here.

About DriveNets

DriveNets is a leader in high-scale disaggregated networking solutions. Founded in 2015, DriveNets modernizes the way service providers, cloud providers and hyperscalers build networks, streamlining network operations, increasing network performance at scale, and improving their economic model. DriveNets’ solutions – Network Cloud and Network Cloud-AI – adapt the architectural model of hyperscale cloud to telco-grade networking and support any network use case – from core-to-edge to AI networking – over a shared physical infrastructure of standard white-boxes, radically simplifying the network’s operations and offering telco-scale performance and reliability with hyperscale elasticity. DriveNets’ solutions are currently deployed in the world’s largest networks. Learn more at www.drivenets.com

About Radisys

Radisys is a global leader in open telecom solutions and services. Its disaggregated platforms and integration services leverage open reference architectures and standards combined with open software and hardware, enabling service providers to drive open digital transformation. Radisys offers an end-to-end solutions portfolio from digital endpoints to disaggregated and open access and core solutions, to immersive digital applications and engagement platforms. Its world-class and experienced network services organization delivers full lifecycle services to help service providers build and operate highly scalable and high-performance networks at optimum total cost of ownership. For more information, visit www.Radisys.com.

Logo – https://mma.prnewswire.com/media/1657406/5006257/DriveNets_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/drivenets-and-radisys-partner-to-enable-network-transformation-projects-with-european-service-providers-302295663.html

Technology

Avanos Medical Launches New CORGRIP® SR

Published

6 mins ago

November 5, 2024

Advancement to reduce dislodgement in feeding tube retention systems

ALPHARETTA, Ga., Nov. 5, 2024 /PRNewswire/ — Avanos Medical, Inc. (NYSE: AVNS) today announced the launch of its newly designed CORGRIP SR Nasogastric/Nasointestinal Tube Retention System, further expanding its comprehensive Enteral Feeding portfolio.

The new CORGRIP SR system, featuring a monofilament thread, is a nasal bridle solution designed to offer numerous advantages over tape. CORGRIP SR is designed to reduce the risk of dislodgement and the complications associated with replacement of nasal tubes.

CORGRIP SR also enhances visibility and flexibility. The product includes several new features, such as a yellow tipped retrieval catheter with a hollow tip, color-coded clips, printed centimeter markings and a unique orange opening tool.

“Research shows that 40%-63% of feeding tubes secured with tape become inadvertently dislodged,” says Kerr Holbrook, chief commercial officer. “Using a bridle to secure feeding tubes significantly reduces the incidence of accidental tube removal and improves overall tube survival rates.”

Healthcare professionals interested in learning more about CORGRIP SR or scheduling an onsite demonstration are encouraged to visit https://avanosmedicaldevices.com/digestive-health/enteral-feeding/corgrip-sr/

About Avanos Medical, Inc.
Avanos Medical (NYSE: AVNS) is a medical technology company focused on delivering clinically superior solutions that will help patients get back to the things that matter. Headquartered in Alpharetta, Georgia, Avanos is committed to addressing some of today’s most important healthcare needs, including providing a vital lifeline for nutrition to patients from hospital to home, and reducing the use of opioids while helping patients move from surgery to recovery. Avanos develops, manufactures and markets its recognized brands globally and holds leading market positions in multiple categories across its portfolio. For more information, visit www.avanos.com and follow Avanos Medical on X (@AvanosMedical), LinkedIn and Facebook.

View original content to download multimedia:https://www.prnewswire.com/news-releases/avanos-medical-launches-new-corgrip-sr-302296290.html

SOURCE Avanos Medical

Technology

RNAConnect Launches the UltraMarathonRT® RT-PCR Kit at ASHG 2024

Published

6 mins ago

November 5, 2024

The Ultra-Processive UltraMarathonRT Kit Enables Consistent, Robust Amplification of Long RNAs in 80 Minutes with Very Low RNA Input

BRANFORD, Conn., Nov. 5, 2024 /PRNewswire-PRWeb/ — RNAConnect, a pioneering life science reagent company, today announced the launch of the UltraMarathonRT® Two-Step RT-PCR Kit, a next-generation solution for researchers conducting RNA-to-cDNA conversion and amplification experiments. Designed for enhanced processivity, sensitivity, and fidelity, this kit offers a valuable solution for scientists working with complex, long, or highly structured RNA templates.

The UltraMarathonRT® Two-Step RT-PCR Kit is engineered to support a wide range of research applications, including gene expression analysis, full-length isoform analysis, long or structured RNA analysis with low input, full-length virus genome analysis, and molecular cloning. This versatile kit provides researchers with the ability to amplify full-length cDNAs from the smallest RNAs to those longer than 10 kb, with input levels down to 0.1 pg setting a new standard for long-range PCR performance.

“We developed UltraMarathonRT® to address a key challenge faced by researchers working with complex RNA samples,” said Li-Tao Guo, Co-Founder and VP of R&D at RNAConnect. “The intrinsic helicase activity of uMRT allows it to unwind secondary and tertiary RNA structures naturally, without the need for additional heat steps. This results in faithful and accurate cDNA synthesis, especially when dealing with large or complex RNA molecules that are otherwise challenging for conventional reverse transcriptases. Importantly this new kit reduces the total experimental time, for example you can complete RT-PCR on a 10 kb template in 80 minutes where it used to take nearly 3-5 hours with other kits.”

Key features of the UltraMarathonRT® Two-Step RT-PCR Kit include:

Ultra-Processive Reverse Transcriptase: Featuring intrinsic helicase activity that allows the enzyme to unwind complex RNA structures without additional heating.High Sensitivity and Precision: Requires only 0.1 pg of RNA input for amplifying RNAs greater than 10 kb, allowing for highly sensitive detection.High-Fidelity DNA Polymerase: Capable of generating and amplifying long cDNA sequences up to 30 kb in length.Comprehensive Reagent Set: Includes all essential reagents such as UltraMarathonRT enzyme, 2x RT reaction buffer, High Boost enhancer, nuclease-free water, dNTP mix, PCR Master Mix, random primers, and oligo(dT)18 primer.

RNAConnect is set to showcase the UltraMarathonRT® Two-Step RT-PCR Kit at the 2024 Annual Meeting of the American Society of Human Genetics (ASHG) in Denver, CO from November 6-8. The ASHG meeting brings together thought leaders, scientists, and innovators in the field of genetics, making it an ideal venue for RNAConnect to introduce this cutting-edge product. Attendees of the ASHG conference will have the opportunity to interact with RNAConnect experts, explore data sets related to their research needs, and learn more about the unique capabilities of the UltraMarathonRT® kit.

“We are thrilled to unveil the UltraMarathonRT® kit at ASHG 2024,” said Ryan Muldoon, CEO of RNA Connect. “This event is the perfect platform to connect with researchers who can benefit from our new product’s ability to overcome the challenges of long and complex RNA amplification with unparalleled sensitivity and fidelity.”

The UltraMarathonRT® Two-Step RT-PCR Kit is now available for purchase in three different sizes (20, 50, and 250 reactions) to accommodate various research needs. For ordering details, visit http://www.rnaconnect.com/products/umrt-rt-pcr-kit or contact sales@rnaconnect.com.

About RNAConnect:
RNAConnect was founded by innovators in the RNA community, for innovators in the RNA community. By providing better enzymatic tools for visualizing and manipulating RNA, we can help our community discover, create, and innovate in ways previously not possible. For more information about RNAConnect and its offerings, to share your own ideas, or to place your first order of uMRT visit http://www.rnaconnect.com.

Media Contact

Andrew Bond, RNAConnect, +1 475-338-2014, info@rnaconnect.com, https://rnaconnect.com

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SOURCE RNAConnect