The UMS Italia S.R.L. expands its points of acceptance within the Italian market. The subsidiary of UMT United Mobility Technology AG (WKN 528610, ISIN DE0005286108) managed to win over additional noteworthy retailers for their iPAYst system.

The mobile payment application is already available in the traditional Bagutta restaurant located in the heart of Milan. Following this lead the system will be available with „CuordiMela”, one of the most successful authorized Apple stores for business clients, the travel portal „Goblin Viaggi“ as well as the IT-service provider „Personal Soft Services“.

“We are very pleased with the positive development within the first quarter. The good collaboration with the leading payment service provider CartaSi enables us to deliver an unobstructed payment experience to our customers.

Particularly worth mentioning is the future cooperation with Assofranchising, the association of franchisors in Italy which gives us access to round about 200 additional global top customers”, says Marco Marchente, director of UMS Italia S.R.L.


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About UMT AG:

UMT United Mobility Technology AG is a FinTech company specialising in the development and implementation of customised mobile payment and blockchain solutions, particularly for major customers. As a white label technology provider, the Company operates, amongst others, one of the largest mobile payment platforms in Europe. UMT acts as a central interface between all relevant parties such as large retail chains, banks, bonus programme providers and end consumers. UMT's technology is in live operation at around 16,000 branches and 71,000 checkouts. In Germany alone, over 14 million users can use UMT's mobile payment technology. In addition, UMT offers its customers services in the area of customer loyalty programs and smart data along the entire value chain. With the innovative LOYAL-App, UMT offers its users an efficient way to use loyalty programs and a modern mobile payment solution.

The UMT United Mobility Technology AG share (GSIN 528610, ISIN DE0005286108) is traded on the Frankfurt Stock Exchange and is listed on the Basic Board of Deutsche Boerse AG.

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