mPowa Signs 7-Year Mega Deal With Portugal Telecom

What's Next In Payments®
3:41 PM EDT February 4th, 2013

mPowa, a U.K.-based Square-like company that provides merchants with a dongle that processes card payments, has signed of a 7-year, multi-million dollar deal with Portugal Telecom, reports TechCrunch.

Portugal Telecom services around 100 million people throughout Europe, Latin America and Africa. mPowa CEO Dan Wagner said that his company will net target the African, Asian, European and South American markets before entering North America.

Read the full story here.

Also by This Author
What's Hot
Square Launches Register App Platform
Etsy Debuts mPOS Solution
Merchant Innovation
Ron Johnson’s New Company To Focus On Shopper Decisions
B2B Payments
WEX and Sinclair Oil Strike Long Term Contract
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Merchant Innovation
Apple Pay Launch Week By The Numbers: 46B, 58M and 1
B2B Payments
Tungsten Spent $6.5 Million for DocuSphere
Company Spotlight
Inside the Future of Commerce, Post Apple Pay
Alternative Financial Services
Death Threats, Fraudsters and Lawsuits
View All Articles ››