Swedish Telco TeliaSonera Buys Stake In MPayment Firm Accumulate

TeliaSonera, a mobile carrier based in Sweden, has acquired a stake in mobile payment facilitator Accumulate for an undisclosed amount, NFC World reports.

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    Accumulate provided the payment technology that allowed the Swedish telco joint venture — which includes Telia — to launch a new mobile wallet platform called WyWallet.

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