For its Latin American expansion, TOT Group has teamed up with subsidiaries of American Movil and Mexican fixed-line and cellular carrier Telmex, among others.
TOT is a mobile payments and transaction processing holding company which provides a range of online and offline payment solutions. Clients include wireless carriers, content providers and merchants. TOT delivers payment solutions that enable merchants to accept cashless transactions at the point of sale (POS).
Earlier in July 2013, Net Element International closed an agreement to acquire Quickpay, a proprietary payment terminal network. NETE operates Quickpay via TOT Group, its mobile payments and transaction processing holding company.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now