Accumulate and VocaLink Offer Mobile Payments Solution

Nov 14, 2011

Accumulate Group has partnered with VocaLink Ltd. to deliver a secure, real-time mobile payment solution. Mobile Payments combines VocaLink's Immediate Payments solution with Accumulate's mobile security platform Mobile Everywhere.

Mobile Payments is designed to provide banks and clearing houses with the ability to make interbank real-time account-to-account transfers via mobile channels. VocaLink's Multi-Channel Gateway, a component of Immediate Payments, aims to secure connections from various interfaces.

Located in London and Stockholm, Accumulate provides connected mobile solutions through two platforms: Flexion and Mobile Everywhere. VocaLink is a specialist payments partner to banks, their corporate customers, and government departments. VocaLink has offices in the U.K. and the Netherlands.