Proxama, VALID sign 3 year licensing agreement in Latin and South America

Monday 24 February 2014 11:04 CET | News

Proxama, a global platform provider of mobile proximity marketing, mobile wallet and payment solutions, and VALID, a provider of payment solutions, identification and telecommunication systems for the Latin and South American markets, have signed a three year license and distribution agreement.

Under the terms of the agreement, VALID is set to integrate Proxama’s TapPoint suite of mobile wallet, mobile marketing and loyalty applications into VALID’s offer to a number of customers in the region. These include banks and mobile network operators throughout the Latin and South American markets.

VALID is a Brazilian-based company, with a global presence and production in Argentina, Spain and USA. Founded in 1957, VALID is a supplier of financial cards, providing solutions related to means of payment, telecommunications, identification systems and digital certification.

In recent news, Proxama has partnered with Cryptomathic, a solutions security provider, to launch a mobile contactless payment solution, dubbed EMV Tokenised Transaction (EMV-TT).

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Keywords: Proxama, VALid, Latin, South, America, mobile wallet, mobile marketing, loyalty, mobile, payments
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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