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TMCNet: 'MobiNear offers multi-service platform for transport cards'

[July 09, 2009]

'MobiNear offers multi-service platform for transport cards'

Jul 09, 2009 (DMEUROPE via COMTEX) -- French short-range wireless solutions provider MobiNear has released the PayGO multi-service platform based on contactless transportation cards. The business model is based on fixed annual service fees rather than per transaction fees of traditional credit card payments and allow the issuer to generate cash. Applications can include micropayments, loyalty cards, coupons, online ticket purchasing, etc. MobiNear Box kiosks can read NFC-enabled mobile phones or NFC cards such as the Paris area Navigo transportation pass, used by over 5 million people. A demonstration of the multi-service platform based on contactless transportation cards is available at http://www.echangeur.fr.


Distributed for DMeurope.com via M2 Communications (www.m2.com)

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