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    News in brief

    Russian mobile payments startup raises US$3.8m

    News in brief

    Russian mobile payments startup PayQR has received an investment of 300m rubles (US$3.8m) from businessman Sergey Kozlovsky. “PayQR allows you to pay without a credit card and cash with the help of the so-called QR code,” Vedomosti reports. “In 2016, PayQR will also work via NFC.” The company raised US$1.5m from an unknown investor in 2014.

    Filed by Email Rian Boden nfcworld.com Published • Last updated 3 February 2016, 14:03

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