We are pleased to announce that Ulf Rosberg has been elected to chair the board of directors at Payair Technologies AB.
Ulf brings close to 20 years of experience from active ownership at one of the leading private equity firms - Nordic Capital. Ulf Rosberg is a Senior Advisor and partner at Nordic Capital. He serves as a Director at Mölnlycke Health Care, Bufab, Nefab AB since 2007. Ulf holds an M.Sc. in Economics from the Stockholm School of Economics and a major in Finance from New York University, Stern School of Business in New York.
“Payair is entering an exiting new development phase. I am confident that Payair will succeed in capturing a significant market share and build new business with Nordic financial institutions and global payment systems", says Ulf Rosberg, Chairman, Payair Technologies.
Payair is the industry leading mobile shopping solution that offers a fast, easy and secure way for consumers to shop using their smartphones. With the Payair application, consumers can complete their mobile purchase processes in less than ten seconds, on the Internet, as well as in retail shops, restaurants and other shopping environments. Businesses can speed up and simplify their sales processes, resulting in increased sales by using Payair’s suite of mobile shopping solutions.
The purchase process includes a purchase button or scanning of QR codes that activates the Payair service on smartphones, authenticates the user, self-checkout and payment by credit or debit card from MasterCard or Visa. The solution is secured with multiple layers of encryption and no sensitive data are stored in the phone. The solution is free of charge for the customers and easy for the merchants to implement within their existing payment systems.
Payair is a privately held Swedish company with franchise partners in over 25 countries.