Accumulate AB

Accumulate launch technology update of its mobile payment solution

Pressmeddelande   •   Okt 23, 2012 09:30 CEST

Accumulate launch an update for its comprehensive mobile payment solution covering all payment situations and supporting any mobile handset, any mobile network and any pairing technology (NFC, OTT, QR, barcodes, etc.)

Milano, Italy – 23 October 2012 – At the GSMA NFC Mobile Money Summit 2012 event in Milano, Accumulate launch an update of its award winning mobile financial services platform Mobile Everywhere (ME).  Covering all payment situations Accumulate also support all major mobile platforms all mobile networks and carriers and all pairing technologies like NFC (passive and active), One Time Ticket (OTT), QR, barcodes, etc.

With the Accumulate technology platform and the processes and methods, carriers can easily extend its mobile offer and enable services like mobile authentication (secure login and signing), mobile eID, ticketing, loyalty, coupons, gift cards, etc.

“Our solution is proven, has best in class security, is technology independent and easy to use, all so that our customers can get a faster end user adoption. Carriers using our technology gets great flexibility and can enable all of today’s and tomorrows mobile financial services”, says Stefan Hultberg, CEO of Accumulate.  

Customer references include WyWallet, TeliaSonera, PKO Bank, Borica Bankservices, NCB Bank, Marginalen Bank, PayPal, Telenor and Shell. The Accumulate mobile services works on Android, Blackberry, iPhone, Java and Windows Mobile/Phone.

Accumulate at GSMA NFC & MMS 2012

Welcome to Stand 11 where Accumulate together with PayEx will show case live WyWallet, a 360 degree mobile payment service, jointly offered by the four largest carriers in Sweden and that covers 97% of the population. With the Accumulate/PayEx solution carriers get a total mobile payment solution including mobile security client, account holding and integrations to backend systems.

If you want to book a meeting, please contact Lars Aase at Accumulate (see contact info below).

More information

Lars Aase, +46 70 144 1822,

About the Accumulate offer

Accumulate is the perfect technology partner when enabling secure mobile financial services. 
Below is a short intro of our MFS and mobile security platform. This short film shows example use of the ME-platform, for a service that covers all payment situations,

Accumulate is a leading provider of connected mobile solutions. The company's Mobile Everywhere (ME) platform is a cost efficient, user friendly authentication solution with unparalleled security features, and using a standard mobile phone. The mobile financial services market today is very fragmented with few solutions live and very few that covers all parts of the user need. 

With ME all mobile financial services (mobile payment and mobile banking) and enterprise mobile security services are enabled using ONE platform.  A partnership with Accumulate enables the customer to offer branded services and products:

  • Mobile payment - covers all payment situations like POS (including NFC), person-to-person, online, man-to-machine (ex. vending, parking), mCommerce, in-app purchase, remittance, etc.
  • Mobile banking - secure mobile channel for ALL informational and transactional services 
  • Mobile security - mobile as secure token for login and signing on VPN's, Internet/Extranet, secured web pages and eID.
  • Other services - e.g. ticketing, mTolling, mParking, coupons, gift cards, loyalty and membership points
  • Online card payments - example, use the mobile for 3D Secure, one-time credit card, switch credit card on/off etc.

When using the Accumulate platform customers deploy their services fast and easy. Adding/changing services is easy and these without having the end user to redownload, reinstall and reactivate their mobile application.

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Accumulate is enabling the next generation of mobile payments with a solution that covers all payment situations along with the utmost security and flexibility. Completing the sales offer with a comprehensive portfolio within mobile banking and mobile security makes Accumulate a leading actor in the world market for mobile financial services.

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