Accumulate and Potevio partner for mobile payment and NFC solutions in China

Mobile financial solutions for the Chinese market

Accumulate is teaming up with Potevio, a Chinese service provider and IT equipment manufacturer, to develop and deploy mobile financial and authentication solutions to the Chinese market. Projects the two parties will be collaborating on include an NFC solution due for deployment over the next few months, mobile payments and a secure payment solution for utility bills. (view press release)

The partnership will combine Accumulate’s mobile technology and security platform with Potevio’s R&D for telecom design, programming and project lead, and manufacturing of electronic and communication equipment in China. Potvio is also connected with many of the big players in the Chinese financial market.

Our mobile security technology and Potevio’s knowledge in telecom and manufacturing and their customer contacts in the Chinese financial industry, is a great combination,” said Accumulate CEO Stefan Hultberg. “The NFC solution that we have developed together with Potevio will open up for new and interesting mobile services and projects in China and elsewhere.”

Solutions developed by the two entities will be compatible with Android, Blackberry, iPhone, Java and Windows.

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