Indian mobile payment provider ToneTag raises $1m

News in brief

News in brief

Indian mobile payment provider ToneTag, which enables contactless payments through mobile phones using sound waves or NFC technology, has raised US$1m from Reliance Capital. “ToneTag works on all mobile devices including feature phones and does not require any capital investment in existing infrastructure,” Iamwire reports.

Filed by This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com Published 11 August 2015, 14:22 • Last updated 11 August 2015, 14:22