Mobile payment service Zuum ceases operations in Brazil

Monday 11 February 2019 | 13:14 CET | News
Mobile payments company Zuum, which resulted from a joint venture by Telefonica and Mastercard, has ceased trading in Brazil, reports Mobile Time. Zuum was the last remaining mobile money initiative associated with a mobile operator in Brazil. Previously, Oi Paggo, Meu Dinheiro Claro and TIM Multibank Caixa had stopped their operations.

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Categories: Mobile & Wireless
Companies: MasterCard / Telefonica
Countries: Brazil
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