UMT United Mobility Technology AG is a technology and financial services company based in Munich.[2] The company develops services for mobile and electronic payment systems, based on its own Mobile Payment and Loyalty Platform. There is a co-operation agreement with Payback (bonus program), part of the American Express Group, since November 2014.[3]

UMT United Mobility Technology AG
Company typeLimited company
(Aktiengesellschaft)
ISINDE0005286108
IndustryIT and Financial services
Founded16 October 1989
Headquarters
Key people
  • Albert Wahl, (CEO)[1]
  • Alexander Viscount Franckenstein, (CBDO)
  • Robert Schmiedler, (CTO)
  • Erik Nagel, (CIO)
  • Walter Raizner (Chairman)

Products and services

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The UMT platform supports mobile operating systems like Apple iOS, Android (operating system) and Microsoft Windows Phone and uses different transaction technologies, such as near field communication, optical codes and bluetooth. The platform technology is licensed and marketed as white label. Based on the former initial product iPAYst, a digital wallet for mobile payments with smartphones, tablet computers and other mobile devices, the application is now mainly used for mobile payment and loyalty programs in the retail and hospitality industry by connecting merchants, loyalty schemes, payment service providers and the end consumer.

Shareholdings

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Listing

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UMT's listing happened on the 30 September 2011 via a reverse IPO through former Leipziger Solarpark AG, going along with a change of name and business purpose.

References

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  1. ^ Management der UMT United Mobility Technology AG. Website der UMT AG. Retrieved 9 July 2015.
  2. ^ "Unternehmenskurzportrai" (PDF) (in German). UMT United Mobility Technology AG. Retrieved 28 November 2016.
  3. ^ "UMT schließt Lizenzvertrag mit PAYBACK ab" (in German). UMT United Mobility Technology AG. 10 November 2014. Retrieved 28 November 2016.
  4. ^ a b c Roger Blecker, David Szabadvari (17 June 2014). "UMT AG" (PDF). Bank M. Retrieved 28 November 2016.
  5. ^ "iPAYst baut Internationalisierung nach Spanien aus" (in German). UMT United Mobility Technology AG. 21 October 2013. Retrieved 28 November 2016.
  6. ^ "Company History". UMT United Mobility Technology AG. Retrieved 28 November 2016.
  7. ^ "UMT United Mobility Technology AG forms strategic partnership with Big Data analyst SEKS". REUTERS. 9 June 2015. Retrieved 28 November 2016.
  8. ^ "UMT United Mobility Technology AG announces market entry in North America". Public News. 6 July 2016. Retrieved 28 November 2016.
  9. ^ "UMT United Mobility Technology AG announces takeover of Peaches Mobile and prelado". DGAP adhoc. 10 May 2017. Retrieved 16 May 2017.