<b>The popular restaurant chain Beijing8, specializing in authentic Chinese
dumplings, has chosen to enable mobile payments for their customers. The
technical solution is developed in cooperation between Point, a VeriFone
company, and Accumulate and allows Point’s payment terminals to accept both
cards and mobile payments, also with or without NFC in the same terminal. </b>

– We and our customers are curious types so we have
chosen to test mobile payments based on Accumulates technology. Points
terminals we already had, says Michael Ljunggren, CEO of Beijing8. Besides that
the solution is secure as no sensitive information as card number or CVV code is
given at the purchase, the payment is very fast. Furthermore it can easily be
extended with new features like coupons, gift cards and vouchers.

The solution is based on Accumulates mobile security
platform ME and Pera Mobile, the technical standard for mobile payments. The
user installs an application on their mobile phones that is linked to an
account or card. The mobile phone then communicates with the payment terminal
with so-called NFC – Near Field Communication. NFC functionality has been available
for some time in the type of Point Terminals that Beijing8 use, but will soon
be in all new payment terminals that Point installs. If there is no NFC capability
on the mobile, a simple payment code can be entered into the terminal.

– At Point we welcome any initiative that can
contribute to more flexible and secure payments, says Tobias Wallhuss, director
of new payment solutions for Point Sweden. By installing card terminals and
infrastructure ready for contactless payments across the Nordic region, we can
make it easier for issuers to launch their projects and solutions. Accumulates
technology is innovative, secure and cost effective, making it a good technical
standard for mobile payments.

With the new solution in place it’s the end of the
digging for coins and crumpled bills or fumbling among countless plastic cards.
Now, the customer only needs to chose pay in their mobile and swipe it over the
payment terminal. The purchase is instantly shown in the mobile and approved with
a PIN.

– Our excellent cooperation with Point now really opens
up for mobile payments in stores, says Magnus Westling, CTO at Accumulate. Our technology
is already the base for many different mobile payment services and Points card
terminals is available at thousands of restaurants and merchants. So, if you
want you can now quickly and easily implement secure mobile payments based on
our technology.

<b>More information:</b>

Lars Aase, VP Marketing and Partners, Accumulate, +46&nbsp;701
441822

Email: lars.aase@accumulate.se&nbsp;

Tobias Wallhuss, Manager New Payment Solutions, Point, +46 8 566 287 00,

Email: tobias.wallhuss@point.se

<b>About the Point Group</b>

The Point Group is a leading
supplier of electronic payment solutions. Point services customers in
Scandinavia, Baltics, France and the UK and offers streamlined sales of goods
and services via innovative and secure payment solutions. Every day, Point´s
solutions facilitate more than 10 million secure card transactions and support
more than 450,000 payment terminals. Moreover, Point operates 5,000 cash
dispensers in Scandinavia and the Baltics. Point has a wide range of customers
from large retail chains to small businesses and online trading sites. The
Point Group can be found in Denmark, Estonia, Finland, France, Iceland, Latvia,
Lithuania, Norway, Sweden and the UK and has more than 650 employees. For more
information about the Point Group, visit www.pointinternational.com

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