As part of the multi-year agreement, CardMobili will take a primary role in the implementation of Portugal Telecom's digital wallet, providing e-commerce value-added services via its established technology platform, majoring on digital loyalty, offers and coupons.

This contract highlights CardMobili's proven technology and expertise as a powerful enabler of the digital wallet experience. Commenting on the partnership, Tiago Silva Lopes, Director at Portugal Telecom, said:

"CardMobili has been firmly established as a leading innovator in the loyalty space for a number of years, and is one of the most experienced players in this rapidly evolving market. We see them as a natural and logical choice of partner, helping to accelerate our time-to-market as well as providing us with a wholly optimised digital wallet service that exactly meets our requirements. This will deliver tangible benefits - greater convenience and increased opportunities for interaction for our users, as well as an important new revenue stream and a new consumer channel for Portugal Telecom."

CardMobili's e-commerce products will be fully integrated with Portugal Telecom's range of innovative services, designed to benefit merchants and many thousands of users. Commenting on the contract's scope, Helena Leite, CardMobili's CEO, said:

"This is an exciting development, with Portugal Telecom launching the first truly complete digital wallet service to the Portuguese market. We are delighted to be partnering this innovative launch, adding the extensive knowledge and experience we have gained from our own service users, combined with our proven technology platform. Our focus is on transforming the way consumers and organisations interact, representing a unique combination of business expertise and state-of-the-art technology, which are essential to supporting the deployment of strategic digital wallets and delivering true commercial value. We have already established an eshed an excellent relationship with Portugal Telecom's team and will be working closely together to deliver an unparalleled digital wallet experience."

An early pioneer in the digital wallet space, CardMobili launched its first mobile service in 2009. Its expertise and proven technology has subsequently contributed to successful service roll-outs for numerous clients, across integration into existing mobile commerce programmes, such as loyalty and rewards, as well as completely new service launches. Continuous developments to CardMobili's platform have strengthened its market position, and are enabling the company to partner with leading global mobile network operators, financial institutions, utilities companies and retail merchants, as a core technology provider.