The new investment is set to be used to accelerate product development, sales and marketing.
Paydiant provides a mobile payment and offer platform that allows banks, retailers and restaurants to deploy mobile wallet capabilities into their iPhone and Android applications. Paydiant enables retailers to accept mobile payments and offers using their existing point-of-sale infrastructure while allowing consumers to make payments, redeem offers and receive e-receipts for purchases made online and in-store using mobile wallets installed on their existing iPhone and Android smartphones.
In recent news, Paydiant has received appSecure certification from digital security firm viaForensics for its mobile payments platform.
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