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MYPINPAD AND SMARTPESA MERGE TO BECOME THE WORLD LEADER IN MOBILE PAYMENT ACCEPTANCE


MYPINPAD, a global leader in mobile payment acceptance and digital authentication solutions, and SmartPesa, a leading provider of payment systems and branch banking solutions, have agreed to merge. The merged entity will operate under the corporate name MYPINPAD. As the industry moves towards adopting the future MPoC on COTS (Consumer Off-The-Shelf) mobile payments standard established