PayMob has been launched into commercial operations

PayMob is an integrated solution, based on the innovative product- M4Bank.MPOS, which ensures payments by credit cards with the help of smartphone and a free app.

The service enables the secure processing of traditional magnetic stripe cards as well as Chip cards (EMV standard). The mobile payment device meets the most demanding requirements for on-line transaction security.

The settlement bank of the Project is Tatfondbank, one of the largest banks, which is a principal member of VISA and MasterCard international payment systems.

«Today the launch of MPOS project is not something for the Market. However, we are going to focus on providing technologies that are more flexible than those our competitors have. M4bank.MPOS allows to use 5 different types of devices for processing the EMV cards, it is completely hardware-independent. Currently, on the base of the platform more than 10 projects were realized in four countries of the world.

We are also happy to launch this project with Tatfondbank, which is a reliable partner, situated in the most progressive regions of the country », - says Boris Fedorov, CEO of CCT.

About the companies:

TATFONDBANK is a universal bank with state participation rendering all kinds of banking services to individual and corporate customers. The Bank was established in 1994.

Tatfondbank is among 50 largest banks of Russia in assets. At 1 May 2014, its assets totaled RUB 133 billion and its equity – RUB 15.3 billion. Tatfondbank is a principal member of VISA and MasterCard international payment systems. The fee-free cash withdrawal network includes over 1 200 ATMs.

CENTER OF CORPORATE TECHNOLOGIES is a developer and provider of mobile corporate solutions. The company was founded in 2011 in Moscow. All the projects are realized on the base of the original platform- M4Bank. Currently the company maintains 10 projects in four countries: Russia, Mongolia, Kazakhstan and Belarus.