News about Irish Times.
October 24th, 2011
Dublin-based Zapa Technology has appointed a provisional liquidator, according to the Irish Times. The NFC retail payments and rewards specialist, which continues to trade while a buyer is sought, owes €700,000 to creditors and has been unable to obtain funding to extend its Zapa Tag system. Zapa is the second high-profile proprietary NFC payments system to run into trouble this year, after Bling Nation suspended its US operations in June.