Cellum Group is the leading developer of mobile payment applications in Hungary. Its innovations make purchases via mobile phone more secure and easier. Established in 2000, the fast-growing technology company has been working in close cooperation with partners such as MasterCard, Hungarian Telekom Group, Telenor, Vodafone, FHB Bank, SPAR, Libri, etc. Cellum’s innovations cover all the areas of m-commerce, including mobile purchase, mobile payment and NFC (contactless) technologies.
In recent years Cellum has presented such successful solutions to the Hungarian market as mobile parking, mobile highway sticker or mobile lottery. The NFC cards were introduced successfully in various Budapest and Berlin restaurants, at festivals. Nowadays more than one million secure mobile transactions per month are handled by the company group in Hungary.
Cellum has taken great efforts to develop NFC technology. The result of it, a world-novelty was presented at the NFC World Congress, the international exhibition of the industry in France, held in September 2011. Its application does not depend on the mobile service provider or financial institution, the balance stored on the card can be used by any handsets with NFC-capability. This solution is highly secure, as data is not stored on the phone itself, so unauthorized persons cannot access it.
In October 2011 MasterCard Mobile Service was launched. Master Card and its partners – Hungarian Telekom, Telenor and FHB Bank – have selected Cellum to act as technical system operator of new payment applications. The technology developed by Cellum allows using mobile phones as Master Bank cards in Hungary. Its launch in Hungary was the European debut of application at the same time. Thus Cellum could demonstrate with an application available on four platforms (iPhone, Android, Windows Mobile, SIM) in the forefront of the world.
Cellum Global Zrt. that belongs to the company group has recently received a significant venture capital investment to finance its international expansion. The first important results are already evident - Cellum Bulgaria is launched in a January 2012, and there are advanced negotiations in process with other countries as well.