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Another Mobile Payments Company: Crandy

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A colleague just pointed out to us a new (new to the US) mobile payments company: Crandy. According to a recent press release, "Crandy is a German-based mobile payment system with more than 350,000 users in five European countries."

Users can automatically registrate by simply calling the costfree number 1-866-283-0005. This opens their free mobile bank account and they will receive a registration sms. From then on their mobile number is also their Crandy account number. Crandy works with every existing mobile phone. There are no added hardware or software modifications necessary. And there are no annual or registration fees involved.

Crandy users can top up their Crandy account by credit card and then transact money anonymously to other Crandy users. They can purchase at various vending machines and they can soon pay their parking tickets using Crandy - in Europe already an established method of payment. Mobile Parking with Crandy is currently used in Gent / Belgium and Cologne / Germany.

NCS also offers Mcells (www.mcells.net) to the U.S.-Market, an e-Wallet which banks can easily connect and consequently add to their existing payment systems. Mcells works as a white label ASP-solution, which is hosted in a secure, bank standard-compliant Data Center in Germany.



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