UMT United Mobility Technology AG (German Securities ID: 528610, ISIN: DE0005286108) expands the roll-out with another strong partner in the area of e-commerce with its mobile payment app iPAYst. The online shop of the exclusive fashion house LODENFREY in Munich could be won for this purpose and iPAYst is represented from now on with all built-in features.

„As a traditional and famous fashion house in the heart of Munich we are very glad to be able to offer another exclusive service to our customers. Because of the faster procurement in the online shop, our customers save time and receive an even better shopping experience with iPAYst“, says Ralph-Michael Nagel, managing partner of LODENFREY.

„The cooperation with LODENFREY is another important step for us to reach our goal, to quickly build a strong position in the retail trade, especially in the online area. With our iPAYst platform we offer the online retailers and their customers a huge added value. With iPAYst the customer must not log in to the online shop, or has to enter his personal data like billing or shipping address, because this data is already transmitted absolutely secure through the app. This leads to a faster and easier contract formation for the online retailer and offers the possibility for the user to pay cashless and via mobile“, explains Albert Wahl, CEO of UMT United Mobility Technology AG.


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