Emerge Mobile – 1st Internationally Accredited African MPOS Solution

Emerge Mobile is the first company in South Africa and Africa to achieve international security certifications for its mobile point-of-sale (“MPOS”) system that allows merchants to use their smartphones to accept chip-and-pin card payments from customers; having recently achieved Payments Council International Payment Terminal Security (PCI-PTS) and Europay, MasterCard and Visa (EMV) Level 1 and 2 certifications for their ‘Edge’ adapter.

Capital Eye Investments Limited (“CEI”), as a private equity / venture capital company focusing purely on technology and associated assets with a particular focus on emerging markets, backed Emerge Mobile in March 2012, as a venture capital investment in a start-up business.

Emerge Mobile are now well positioned both locally and internationally to embrace the opportunities present in many emerging markets predicated on regulatory requirements to migrate to more secure EMVCo inter-operation systems, through both white-label B2B opportunities, as well as direct to the market through their own B2C “iKhokha” brand.

Click on the following links for a few selected articles: TechCentral, ITWeb, MobilePaymentsToday.

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