ShopClues, an online marketplace for e-commerce had acquired Momoe in July 2016 (for an estimated $10-12 Mn). Momoe enables people to pay on their mobile phones. Momoe is a location aware smart phone app. People can pay on Momoe with their existing credit cards & debit cards.
PRODUCTS & SERVICES:
Cashless payments with no hassle of buying and maintaining special hardware
Viewable by subscribers only
Toit, Prost, Big Brewsky, Haagen Dazs, Hotel Empire, O2 Spa, Daily Bread, etc.