Award winning innovator of patented MicroSD memory card technology for mobile transaction and mobile payment solutions now positioned to accelerate global deployment
PORTLAND, Oregon – MobilityWire® – September 6, 2010
Tyfone Inc. (www.tyfone.com), a provider of mobile banking, mobile contactless payment and secure mobility solutions, today announced the company has closed Series B financing of $5 million. The preferred stock financing includes new strategic investors HDFC Holdings Ltd., Polaris Software Lab and a strategic manufacturing partner, together with continued participation from Ojas Venture Partners.
PORTLAND, Oregon – MobilityWire® – August 16, 2010
Tyfone (www.tyfone.com), the leaders and pioneers in NFC enabled Memory Cards for mobile financial services announced today that their Managing Director, APAC, Prabhakar Tadepalli, will be presenting on the evolution and vision for mobile contactless payments. Tadepalli will address the current mindset in the industry and how alternative solutions are helping nourish the ecosystem to go beyond trials and for consumer deployments in 2011. Tyfone will be presenting its unique solution at the first forum on alternative NFC mobile payment solutions to be held in Taiwan on September 8-9, 2010.
Six months after launching a mobile banking service based on Tyfone’s financial services infrastructure, OnPoint Community Credit Union reports that usage among its members of the new mobile payments capabilities have exceeded expectations and continue to grow at a rapid pace. Each month more OnPoint credit union members are discovering the convenience of performing secure banking transactions via their mobile phones, while the number of monthly mobile banking transactions continues to soar at an average of 33 percent per month.
Patented SideTap technology leverages MicroSD card with integrated OTA capability to deliver true mobile commerce experience, without losing core memory card functionality
ATLANTA and PORTLAND, Oregon – MobilityWire® – March 16, 2010
First Data, a global leader in electronic commerce and payment processing today announced an agreement with Tyfone, a provider of mobile contactless payment and secure mobility solutions. The collaboration will provide SideTap™ micro secure digital (MicroSD) memory cards equipped with Tyfone’s patented technologies that will transform most mobile phones with a memory slot into a mobile contactless payment device.
Tyfone (www.tyfone.com), a provider of secure mobility solutions, today announced that its SideTap™ micro secure digital (MicroSD) memory card versions are completed and will be available via partners to consumers in the second half of 2010. MicroSD memory cards enabled by Tyfone’s patented SideTap contactless payment technology with integrated 13.56MHz coil can be used by hundreds of millions of mobile phones at thousands of existing contactless payment terminals worldwide. These cards will work in phones with MicroSD slot on any side of the phone – top, left, right, bottom or back.
“Electronic Transaction Card” patent covers key technologies in Tyfone’s award-winning Secure Memory Card for Mobile Contactless Payments and Near Field Communications solution
PORTLAND, Oregon – MobilityWire® – September 21, 2009
Tyfone, a global provider of mobile financial services infrastructure and fully-integrated mobile NFC payments/secure transaction capabilities, today announced the company was awarded a second patent for its innovations in smart card-based electronic wallet technology. This newest patent, US 7,581,678 is entitled “Electronic Transaction Card.”
Tyfone’s Flexible Mobile Banking Solution and One-of-a-Kind Mobile Payments Technology Were Key to Decision
PORTLAND, Oregon – MobilityWire® – September 14, 2009
Tyfone, a global provider of mobile financial services infrastructure and fully-integrated mobile payments capabilities, today announced that OnPoint Community Credit Union, Oregon’s largest credit union with more than $2.8 billion in assets, has selected Tyfone’s u4ia® platform as the infrastructure behind its mobile banking strategy. OnPoint will leverage Tyfone’s professional services to deploy robust mobile banking services initially, with NFC contactless mobile payment capabilities to follow.
