16 January 2018
visit www.avoka.com

Erste Bank taps Cellum for Hungary mobile app

11 March 2014  |  2374 views  |  0 Source: Cellum Group

Erste Bank Group, one of the largest financial services firms in Central Europe has just launched its branded mobile payment app in Hungary. Erste MobilePay, the first smartphone app in the country to offer person-to-person money send function, was developed by Cellum Group, leading European-based provider of mobile commerce services.

In 2013, Erste Bank Hungary invited companies from all over the world, from the United States to Europe and India, to submit tenders for providing a tested, proven, reliable and secure mobile remote payment technology with a rich set of functions. The tender was won by Cellum, a global provider of white-label mobile commerce solutions offering banking-grade security. Mobile payment is a young industry where Cellum, with a 14-year track record, counts as a highly experienced player. Following the application's initial introduction in Hungary, Erste has the option to later roll it out in other "Erste countries".

Erste MobilePay was launched in Hungary on March 3 and is available to Erste Bank customers with iOS or Android-based phones. The app offers a range of useful functions, such as bill payment and top-up, as well as GPS-based parking and highway toll payment. In addition, Erste MobilePay for the first time in Hungary also offers peer-to-peer transactions, i.e. users can securely send and receive funds right on their phone.

"A financial institution needs the highest level of security, and we excel in providing this," said Balázs Inotay, Cellum's Founder and Chief Visionary. "Bank-grade security is guaranteed by the 'split secret' technology developed by Cellum, and has already been used successfully for years with our other solutions. We are extremely proud to have been selected by such a highly prestigious financial institution as Erste." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.vasco.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11178 views comments | 15 tweets | 17 linkedin
BNP Paribas Asset Management completes fund transaction blockchain testBNP Paribas Asset Management completes fun...
9875 views comments | 14 tweets | 32 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
8999 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
8703 views comments | 17 tweets | 13 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
8580 views comments | 30 tweets | 34 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job