Q Limited (ASX:QXQ) has been advised by Crowd Mobile that it has executed a supply agreement with NTH AG to launch Crowd Mobile services into France, Belgium & Austria which will provide consumers with a mobile product engagement and payment service.
On 29 August 2014, Q announced it was acquiring the Crowd Mobile Group.
Under the supply agreement, Crowd Mobile will integrate its Micro Job Platform with the NTH’s Operator Billing platform to expand Crowd Mobiles’ global reach and connectivity to mobile operators.
The service makes it convenient for consumers to complete transactions via their mobile devices.
This agreement increases Crowd Mobile presence in Western Europe.
Crowd Mobile already operates in the UK, Ireland, Germany, Switzerland and The Netherlands and this agreement allows Crowd Mobile to target and reach customers at scale through a payment option that is secure, faster and more convenient than a credit card.
The company also aims to build a global cloud based micro job workforce - jobs that take less than 5 minutes.
Q is capitalised at around $400,000.
News: Q Limited's target Crowd Mobile launches in France, Belgium and Europe
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