Under the terms of the contract, ZNAP will process all payments for Oxygen8 and the latter will re-sell ZNAP to its new and existing customers.
ZNAP is a mobile business platform that enables customers to pay for services by scanning QR-codes with mobile phones. Its built-in business intelligence software supports marketing and loyalty management, and allows consumers to redeem offers instantly when they make a payment.
Oxygen8 has completed integration testing for ZNAP and has begun processing payments in Ireland, UK and Australia, with plans for further expansion later 2013.
In recent news, MPayMe, a Hong Kong-based mobile solutions provider, has rolled out its mobile business platform ZNAP held at Chester Racecourse. MPayMe has showcased the ZNAP application by powering a QR-BAR, an exclusive invitation-only VIP event where drink orders and payments were enabled through mobile phones.
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