Corporate | 10 November 2014 14:19
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UMT United Mobility Technology AG / Key word(s): Contract
Munich, 10 November 2014 Corporate News UMT signs license agreement with PAYBACK UMT United Mobility Technology AG (WKN 528610, ISIN DE0005286108) signs a license agreement with PAYBACK GmbH, Germany’s leading couponing and multichannel marketing platform, for the planned mobile payment system “PAYBACK PAY”. The solution is based on UMT’s “iPAYst” technology for Android (Google), iOS (Apple) and Windows Phone. It supports NFC (Near Field Communication) as well as optical QR-Codes. About UMT AG: UMT United Mobility Technology AG, the publicly traded parent company, conceives itself as a company that supports innovative businesses using a practical “hands-on” approach. UMS GmbH as wholly-owned subsidiary is responsible for the development of mobility and service apps, particularly for smartphones. The focus of the product portfolio is the iPAYst application, which enables mobile payment as well as the integration of loyalty programs via smartphones, tablets and other mobile devices. iPAYst is being established on the market directly under its own brand and offered under a white label as a mobile technology for UMT customers. Shares of UMT United Mobility Technology AG have been traded on the Frankfurt Stock Exchange since October 2008 and are now listed in Deutsche Börse AG’s Entry Standard segment as well. About PAYBACK GmbH: PAYBACK GmbH – The Trialogue Company – is Germany’s leading bonus program. More than 24 million customers are using the card regularly with over 620 partners offline, online and on mobile devices. PAYBACK is the biggest couponing and multichannel marketing platform at the German ecommerce with 7.7 billion distributed coupons in 2013. PAYBACK GmbH is a subsidiary of Loyalty Partner GmbH, which is part of the American Express Group. Further information:
UMT United Mobility Technology AG
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