Home

New acquisition of Sovereign Wealth

July 17, 2008 - 3:33am | News | Other themes |
| More
  
CellCard and Sovereign Wealth An acquisition agreement was signed lately between Sovereign Wealth and eAccounts under the terms of which Sovereign Wealth is to purchase CellCard in an all stock transaction.

 

CellCard is said to have designed a user-generated content platform which allows retailers to send multimedia advertisements to mobile phones in SMS or MMS format. Besides, CellCard's customers are provided with a mobile phone-based payment application used for making credit or debit card payments for goods and services via mobile phones.

 

Technology developed by CellCard is to be deployed to operate platforms in the mobile marketing and internet space, as well as create an SMS or MMS message, deliver that message to consumers via mobile phones and then manage the return path component of the process whether that is a mobile phone registration on a mobi site or a payment for goods and services.

 

With the CellCard compression technology marketers are enabled to convert and deliver existing TV, print, radio or web advertisements so that it can be viewed on most mobile handsets.

 




RSS feed Subscribe to Ecommerce Journal RSS feed

Tags keywords:
0 points

   Tell us what topics you want to be covered in the Ecommerce Journal?  
Image CAPTCHA
  


Comments on New acquisition of Sovereign Wealth




Similar Articles on Ecommerce Journal by sections

FIGURES
PAYMENT SYSTEMS
BANKS
PLASTIC CARDS
ECOMMERCE-CHECKED
INVESTMENT INDUSTRY
FRAUD
ANALYTICS
OTHER THEMES
INTERVIEWS
LAW ASPECTS