Cellpoint Mobile and DIBS partner for Mobile Credit Card Payment System

DIBS Payment Services, listed at First North, and Cellpoint Mobile announced today a partnership to deliver a mobile credit card payment system based on DIBS’ Internet Payment services and Cellpoint Mobile’s mPoint. This new system will enable cardholders to make credit card payments for goods and services using their mobile phone, anywhere at any time. Through the use of DIBS’ technology all transactions are encrypted to ensure that payments are processed securely, fast and conveniently.

29.10.2007

The new joint service will launch in January of 2008 and will target a wide range of consumer-focused companies such as retailers, airlines, travel agents, limousine services and web-shops. Several customers have shown interest for the mobile Credit Card Payment system. Among these are Scandinavia’s largest “Mixed-electric” retailer: El-Giganten, www.elgiganten.se who plans to launch the system in the beginning of 2008. - We have many clients who wish to offer cardholders a way to safely pay with their credit cards using their mobile phones but without having to “read out” their credit card details in public. Cellpoint Mobile’s mPoint system provides the perfect platform for us to securely offer this service to our customers, says Jesper Lohmann, VP Sales, DIBS Payment Services Cellpoint Mobile is a provider of mobile solution offering simple, reliable, and empowering wireless products users in Europe and North America. Amongst the customers at Cellpoint are global brands. - We have clients whom have been waiting for a system that enables call centers to initiate credit card payments using a non-verbal format on the cardholders mobile phone, whom will go live when we launch in January of 2008. DIBS offered us the best partner opportunity due to their market position and credibility with the clearing houses, says Kristian Gjerding, CEO Cellpoint Mobile.

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DIBS Payment Services AB (publ)
Kungsgatan 32
111 35 Stockholm
Telefon: +46 (0)8-527 525 00
sales@dibs.se