Arriba España! Cashcloud Enters Into Cooperation With the University of Barcelona

LUXEMBOURG and BASEL, Germany, October 12, 2015 /PRNewswire/ --

The eWallet provider cashcloud is expanding its presence in Spain and is currently showcasing its mobile payment solution at the University of Barcelona. For two weeks, the various functions and possible uses of the cashcloud app will be presented as part of an extensive campaign and students will be able to request a starter kit - consisting of an NFC sticker and an initial credit of 5 euros. Sven Donhuysen, founder and Chairman of the Board of Directors of cashcloud AG, sums up the initial experience as follows: "We are delighted by the positive response and enthusiastic attitude of the Spanish students to cashcloud. As in many other European countries, mobile payment is much more widespread here than in Germany, as there are already NFC terminals in nearly every store. However, an all-in-one solution covering all the key functions relating to purchases, payments, collecting bonus points and social messaging is still something special, even in Spain."

The cashcloud app, which has already received a number of prestigious international awards, was successfully launched in Spain back in November 2013. The current campaign now aims to expand the app's use amongst the main target group of digital natives. "Today's students have grown up with the internet. They virtually all have a smartphone and are open to new payment technologies. It is therefore not by chance that we are presenting our eWallet here, at the third-largest university in Spain with approximately 87,000 students", said Olaf Taupitz, Managing Director of cashcloud S.A. Contactless NFC technology can already be used for everything at the University of Barcelona: from photocopiers and coffee dispensers to the cafeteria. "Of course, not everywhere is that advanced - nevertheless, we will be implementing similar campaigns at other universities in the medium to long-term", Taupitz added.

For further information, go to: http://www.cashcloud.com

About Cashcloud   

The solution has already received a number of prestigious international awards and sets innovative standards in the growing market for digital and mobile payment methods. The application is available in Germany, France, Spain and the Netherlands and has now acquired more than 150,000 registered users.

A cooperation with MasterCard® allows the package of services to be completed with a Prepaid MasterCard® and an NFC sticker. Cashless and contactless payment  and the  transfer of funds between friends are thus easier than ever before.  Cashcloud  has global market potential with its innovative solutions and superior technology.

The shares of cashcloud AG (ticker symbol KCC; WKN A14NYB) are listed on the General Standard of the Frankfurt Stock Exchange.

Media contact:
Cashcloud
press@cashcloud.com

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