Paymotech and Palm Tree Technology announce a strategic alliance to secure users mobile transactions

Paymotech has entered into a joint venture with UK based Palm Tree Technologies to implement the privacy enhancing technologies to protect their global mobile users when they use the comprehensive line of telecommunication and payment services. These solutions are offered worldwide in both emerging and developed markets. The company offers services that include money transfer services, mobile wallet, mobile payment solutions, low cost mobile phone solutions and VoIP integrated in one product.