SuperCom Ltd (SPCB)

[TraderHawk]

SPCB - PRESENTING IN PARIS STARTING TOMORROW


SuperCom (NASDAQ: SPCB), a Global provider of secure solutions for e-Government, Public Safety, HealthCare, and Finance sectors, announced today that it has signed a memorandum of understanding with a leading Mobile Network Operator in Africa to implement and deliver a mobile money solution using SuperCom’s SuperPay™ technology.

Both parties have agreed to jointly deliver an advanced secure mobile wallet to be used by millions of existing subscribers with any mobile device and to deploy matching mobile POS technology through the operator’s vast agent network. The solution will provide a range of services such as cash deposits and withdrawals, money transfer, bill payments, account top ups, in-store payments and more. The business model is based on revenue sharing between the Mobile Network Operator and SuperCom.

SuperCom will showcase its SuperPay suite of secure mobile payments solutions, along with its other innovative solutions next week at the CARTES SECURE CONNEXIONS 2015 event in Paris, France on November 17-19 2015. SuperCom´s booth will be located in Hall 3 at Stand E 012.