MIG buys micropayments firm Zaypay

MIG buys micropayments firm Zaypay

Mobile Interactive Group (MIG) has acquired Dutch micropayments outfit Zaypay. Financial terms of the deal were not disclosed.

Founded in 2006, Amsterdam-based ZayPay enables users to make international micropayments through SMS, phone calls and within applications.

The firm - which will continue to operate as a standalone business - has signed 'several hundred' firms in 44 countries around the world to its platform, helping them to accept micropayments via mobile phones.

Barry Houlihan, CEO, MIG, says: commented "MIG's vision for Zaypay is to build a one stop shop for online and mobile monetisation solutions to merchants, online billing providers and developers globally."

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