ADVERTISEMENT

Cellum completes development of mobile payment apps

Retail

Hungarian IT company Cellum recently completed the development of a number of mobile payment systems through a project which cost HUF 174.45 mln and was 70% funded by the European Union, according to news agency MTI. 

Of the smartphone apps, one prototype can identify a product by taking a photo of the item, while another app aids online ticket purchases, and a third manages personalized electrical loyalty cards used for shopping. Cellum group was founded in 2000 and has since expanded via its subsidiaries to several European countries, and has opened offices in North America and Asia as well. Cellum’s partners include Telenor, Magyar Telekom and MasterCard.

ADVERTISEMENT

Business, consumer confidence slip in May Analysis

Business, consumer confidence slip in May

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.