Crunchfish strengthens its Digital Cash offer in India for feature phones by partnering with Nextgen Telesolutions
Crunchfish AB (“Crunchfish”) today announces that the company has entered into a Memorandum Of Understanding with Nextgen Telesolutions Pvt Ltd. (“Nextgen Telesolutions”) to explore a joint offering. Nextgen Telesolutions has developed a method for hosting a Secure Element on a SIM overlay and microSD card, enabling a stronger solution for implementation of Digital Cash on feature phones. Half of India’s mobile phone users uses feature phones.
Nextgen Telesolutions is an Indian tech company with secure digital payment solutions for the POS industry and for financial inclusion. The