Tag: mcommerce hungary

Hungarian innovation to integrate bank card into handsets makes their debut: MasterCard selected Cellum

Guest Post
Mobile Commerce Budapest

PRESS RELEASE: Budapest; The new technology developed by Cellum allows using mobile telephones as MasterCard bank cards in Hungary. Hungary is the first country in Europe to implement the new technology, and the launch in Hungary is, at the same time, the European debut of the application. Thanks to the cooperation with multinational partner MasterCard, Cellum can now enter the world market with its application available on four platforms **(iPhone, Android, Windows Mobile, SIM). * Mobile telephones have long been offering voice, image and text transmission services. As the next…

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PortfoLion to buy into Cellum: the Central Europe region’s largest venture investment in mobile payment sector

Guest Post
Social media marketing ad exchange

**Budapest, September 9, 2011 – PortfoLion Venture Capital Fund Management Ltd is to invest HUF 400 million (EUR 1,5 million) in Cellum Global Zrt, member of the Cellum Group, the hungarian market leader in mobile payment solutions. Financial resources required for the transaction are provided by the European Union JEREMIE venture capital fund (Joint European Resources for Micro to Medium Enterprises Initiative). The agreement on the largest venture investment so far in the region’s mobile payment sector was signed on 1st September 2011. The technology developed by Cellum is marketable…

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