Belgian telco Belgacom is taking a stake of 40% in Tunz, a specialist in mobile payments, as it looks to develop services for mobile micro-payments.
Tunz - a Belgian company holding a European e-money license - was set up in January 2007 by Grégoire de Streel & Jean Zurstrassen, co-founders of Skynet & Keytrade Bank. Tunz offers an open payment platform featuring a wide range of mobile payment applications such as contactless (NFC) payments, national and international person-to-person payments, web-payments, loyality, couponing, and mobile ticketing.
Stijn Vander Plaetse, VP innovation at Belgacom says: "The Belgacom Group considers mobile payments as a key domain in its development of innovative services. Based on our recent evolution in mobile parking services, we are convinced that together with Tunz we will realise a quick uptake of mobile micro-payments in other domains."