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    News in brief

    SpareBank 1 acquires mCash for mobile payments

    News in brief

    Norway’s SpareBank 1 has acquired mobile payments provider mCash for an undisclosed sum. “With this acquisition, we strengthen our mobile efforts and are well positioned to meet future digital customer needs,” says the bank’s chairman Jan-Frode Janson. mCash lets users make in-store payments via QR codes, transfer funds and make online payments. It has more than 100,000 users and has signed up 600 stores.

    Filed by Email Rian Boden Published • Last updated 19 October 2015, 15:39

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