The UMT United Mobility Technology AG (WKN528610, ISIN DE0005286108) will cooperate with Galatasaray Sports Club, one of the most successful and popular football clubs in Turkey and Champions League participant. The cooperation is formed as a licensing agreement. The UMT United Mobility Technology AG will be on the one hand the technology partner within the mobile payment sector with their successful application iPAYst, including all built-in features. On the other hand the UMT will enable the club to expand their Loyalty sector (customer digital membership). The basis for the cooperation between the two parties was set up in a MoU (Memorandum of Understanding).
"We are very pleased to win such a strong partner as Galatasaray Sports Club for our technology platform. With more than 11,000 club members and more than 32 million fans worldwide, we gain access to a very promising market, which we will address specifically with our technology. The cooperation is another milestone for the UMT United Mobility Technology AG and an important step for the future international strategic orientation, creating value throughout the entire value chain. This collaboration is a sound basis for future cooperations with other first-class European football clubs to work with our iPAYst platform”, says Dr. Albert Wahl, CEO of UMT United Mobility Technology AG.