Portugal Telecom Signs CardMobili To Enable Digital Wallet

Portugal Telecom announced it has selected CardMobili, an advanced digital wallet solutions company, as a key technology partner to help build its digital wallet solution.

The companies signed a multi-year agreement, which requires CardMobili to take on a central role in the mobile wallet service, as well as provide eCommerce services through its technology platform. Portugal Telecom aims to increase value-added services such as digital loyalty programs, offers and coupons.

“This is an exciting development, with Portugal Telecom launching the first truly complete digital wallet service to the Portuguese market,” said Helena Leite, CardMobili’s CEO. “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 organizations 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.”

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