![](http://nortycohen.com/wp-content/uploads/2009/11/mastercard1.png)
November, 2009
MasterCard is targeting its core consumer with “Mobile Payments Gateway,” a mobile-payments-processing network. The new network will allow consumers to scan their mobile device as if it were their credit card, virtually eliminating the need to tote cards around in a wallet. It will first launch in Brazil and expand globally over time.