„PEACHES provides the breakthrough for mobile payment“

The development of mobile communications began in 1926 when first class passengers of the German state railway were able to use a telephone service between Hamburg and Berlin. In 1958, the first car phones were available to the equivalent price of about half a car while the phone conversations were manually connected. Only in the late 80s mobile communications became suitable for the masses and mobile phones found their way into all areas of life. Today almost everyone has a mobile phone. To be more precise: 7 billion people own approximately 5 billion mobile phones.

Making phone calls is no longer the only way mobile phones are used. By now the mobile phone is a multimedia tool for communications, information and payments. People use their mobile phones to read eMails, communicate in social networks, read the latest news, navigate in different cities or countries, listen to music and watch TV. Today, the mobile phone combines almost all the multimedia needs one has and is the only medium one carries along all the time. A world without mobile phones is no longer imaginable.

PEACHES Group develops and operates Mobile Payment systems for the mobile phone since 2006. “We know that Mobile payment will replace all other non-cash payment types of today. Payments by mobile phone are no longer the future, they are reality.” PEACHES AG, together with its partners, combines as the only company worldwide, an industry-wide technology expertise, payment processing expertise and consumer reach. As the only Mobile Payment Full-Service Enabler PEACHES Group has a unique role and ensures a successful market entry for the point of acceptance. PEACHES Group also combines the roles of Merchant Acquirer and Payment Service Enabler as technology partner for traditional retail, eCommerce, Taxi and coin-operated machines. PEACHES will expand its market position significantly and provide the breakthrough for mobile payment.