Mobile payment provider mPowa has just landed a deal with Portugal Telecom. While it is a white label deal, allowing for Portugal Telecom to sell the technology for its own mobile payment system, it provided mPowa was a seven year contract, a market of a 100 million people, and will provide the company many millions. Competitor Square is mostly focusing on the U.S market, mPowa is looking for global expansion with its next deals in Africa, Asia, Europe, and South America. [Source: TechCrunch]