March 30, 2017 6:04 AM ET


Company Overview of CellPoint Mobile, Inc.

Company Overview

CellPoint Mobile, Inc. provides mobile payment and integrated mobile solutions for finance, government, professional services, retail, transport, and TV/media markets. It offers Mobile Enterprise Framework, an architectural framework and operational platform that enables enterprises to develop and operate mobile services; mPoint, a mobile payment platform that brings various payment scenarios to mobile devices, and mobile-Web or native OS application infrastructure; mRetail, a mobile product suite, which is comprised of applications to attract, engage, and retain customers while shopping in-store or out of the store; Velocity, a mobile PSP-as-a-Service solution for the deployment of payment ...

1111 Brickell Avenue

11th Floor

Miami, FL 33131

United States

Founded in 2002



Key Executives for CellPoint Mobile, Inc.

Founder and Chief Executive Officer
Legal Counsel
Senior Vice President of Business Development
Compensation as of Fiscal Year 2016.

CellPoint Mobile, Inc. Key Developments

CellPoint Mobile Now Offers MobilePay as a Payment Option, Enabling 3.8 Million Plus Nordic Consumers to Use Seamless Mobile Payments for Travel

CellPoint Mobile has signed a MobilePay distribution agreement which enables airlines, travel companies and hospitality firms to roll out mobile payments for more than three million consumers in Denmark and across the Nordic region, making it easy for travellers to purchase tickets and travel-related services directly from their mobile devices. CellPoint Mobile's payments orchestration platform will enable MobilePay payments in the Nordic market. In Denmark, the popular mobile payment solution – consistently ranked as one of Denmark's most frequently used apps is installed on 9 out of 10 smartphones. MobilePay has been proven to create faster, more convenient checkout flows that lead to higher conversions, incremental sales, increased market share, and simple, quick integration. MobilePay clients in the travel sector also note lower drop-off rates for travel bookings made from mobile devices. MobilePay has been proven to create faster, more convenient checkout flows that lead to higher conversions, incremental sales, increased market share, and simple, quick integration. MobilePay clients in the travel sector also note lower drop-off rates for travel bookings made from mobile devices. CellPoint Mobile is a key collaborator in the successful implementation of MobilePay with DSB (Danish State Railway), where 68% of all DSB mobile transactions are now processed using MobilePay. CellPoint Mobile and MobilePay will expand payment integration capabilities to other key sectors, including airlines and travel, beginning in early 2017. CellPoint Mobile provides comprehensive, mobile-first commerce and payment solutions, covering the European Union from offices based in London and Copenhagen. Its payments platform makes it easy for airlines, travel companies and other retailers to implement and manage a variety of mobile payment methods quickly and cost-effectively. MobilePay is a convenient, seamless payment solution used by 3.2 million consumers for quick mobile payments at checkout in Denmark and by a total of 3.8 million Nordic consumers for seamless online cross-border payments in Denmark, Sweden, Norway and Finland.

CellPoint Mobile Hires Shiraz Malik as Vice President of Sales to Support Continued Growth in APAC Region

CellPoint Mobile has hired veteran travel solutions expert Shiraz Malik as Vice President of Sales-APAC for the company's new office in Singapore that will serve the rapidly growing Asia-Pacific (APAC) travel market.

CellPoint Mobile Introduces Velocity, Mobile PSP-as-a-Service Solution for Quick Deployment of Payment Apps & Alternative Payment Methods for Airlines

CellPoint Mobile offering a new product called Velocity, Mobile PSP-as-a-Service (MPaaS) solution to help airlines deploy popular mobile payment solutions, payment apps, and alternative payment methods (APMs) quickly, profitably, securely and without friction to existing financial systems. Created specifically for airlines and travel operators, CellPoint Mobile's Velocity turns Payment Service Provider (PSP) functionality into a plug-and-play business service, enabling airlines to leverage the revenue potential that arises from the unparalleled growth and promotion of mobile payment technologies, while meeting rising passenger demand for secure and very convenient shopping on payment-enabled smartphones, wearables and mobile devices. Velocity's three scalable service options– Engage, Accelerate and Advance – let airlines align mobile payment functionality with their immediate business needs, markets and revenue goals. Engage, for example, supports the rapid roll-out of two popular global consumer wallets or payment apps, Accelerate supports three more APMs and added payment functionality, and Advance integrates up to 10 payment methods per market and full reporting capabilities for airlines interested in robust mobile payment strategies. Key features of Velocity include: immediate access to multiple PSPs, acquirers, payment apps and value-added services; a PCI DSS Level 1 certified card vault and an APM aggregator solution to support and roll out APMs quickly and easily; a central, self-service platform for payment configuration, reconciliation, customer service and reporting across all business and sales channels; and flexibility around choosing, editing and updating the right mix of PSPs and acquirers to take advantage of best rates and direct-channel sales. CellPoint Mobile also supports MasterPass, Mobile Pay, Samsung Pay and Visa Checkout; it can add dozens of other APMs as needed by airlines.

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