Mobeewave, NXP to offer mobile device manufacturing technology for contactless transactions

Mobeewave has collaborated with NXP Semiconductors to offer original equipment manufacturers (OEMs) the capability to collect money from a contactless card or mobile wallet using a phone, the company said.

The company said by combining NXP´s mixed-signal electronics with the Canadian fintech company´s mobile payment solution, Mobeewave will provide a differentiator in technology for mobile device manufacturers.

Mobeewave is a Canadian fintech company that enables people to money in person using their mobile phones.