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Mobeewave unveils contactless acceptance for mobile payment apps

The company said the technology can be integrated into a mobile wallet or mobile banking app.

February 17, 2016

Mobeewave, a Montreal-based mobile payment technology company, this week announced it will be unveiling its patented secure contactless payment acceptance capability for mobile payment applications at the upcoming Mobile World Congress in Barcelona.

The company said it will debut a specially crafted demonstration at its booth showing how the company's technology, integrated into a mobile wallet or mobile banking application, can provide what it calls a "true wallet experience" for consumers by enabling them to receive as well as make electronic proximity payment via their mobile phone.

"We're very excited to be at Mobile World Congress this year to share our innovation with members of the mobile payment ecosystem," said Maxime de Nanclas, COO and co-founder of Mobeewave. "Up until now, the focus of industry interest and of commercial efforts on the part of mobile wallet purveyors has been on mobile payment at point of sale. Mobeewave's payment-acceptance capability will bring mobile payment into the realm of consumer-to consumer payments."