Mobeewave allows merchants’ mobile devices to accept contactless payments via NFC, without the need for external hardware. Earlier in 2018, Mobeewave has announced that they have signed a global partnership agreement with Samsung Electronics, making their platform available for commercial use on more than 250 million Samsung devices around the world.
The Mobeewave platform is currently deployed in Australia, Canada, and Poland through respective partnerships with Commonwealth Bank, National Bank, and Polskie ePlatnosci (“PeP”), together with Mastercard. Further launches are to be announced.
This funding will enable Mobeewave to deploy its solution globally and develop new product offerings. It will also support the deployment of its platform through strategic alliances with banks and payment facilitators, as well as expanding the company’s head count.
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