In his new role, Woo will have global responsibility for innovation, commercialization and development of go-to-market strategies to support mobile payments around the world.
Most recently, Woo was vice president of electronic payments and transactions at the France Telecom – Orange Group, where he led the development of the Orange Money mobile payment program.
Previously, he was chief technical officer of a French interbank organization specialized in electronic money systems.
MasterCard provides a variety of services in support of the credit, debit and related payment programs of approximately 23,000 financial institutions and other entities that are its customers.
MasterCard Worldwide chief emerging payments officer Ed McLaughlin said Mobile is a critically important strategic initiative for MasterCard and the company is excited to have Mung-Ki join its team as it continue to deliver innovative mobile solutions to the global marketplace.
