tonetag in A Sentence
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Answer- 3 Tonetag.
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Ostrich Venture Media also learned that Tonetag focuses on contactless mobile payment technology and focuses on NFC and QR code technologies.
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On October 6, 2018, First Abu Dhabi Bank and Sound-based payment services provider Tonetag announced their tie up for implementing sound based contactless payments.
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It is reported that Tonetag's business has covered more than 250,000 merchants non-connected devices, and as of November 2016, the platform has access to more than 18 million consumer devices.
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According to foreign media sources, ostrich venture media understands that Tonetag, a provider of contactless payment solutions, announced that it has obtained a $ 1.3 million venture capital investment from Tropical Star Limited.
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Users can now use Tonetag technology to withdraw cash from bank ATMs and have the freedom to choose from a variety of transactional channels such as digital wallets or bank mobile apps- and most importantly, it takes only three seconds for any transfer transaction carry out.
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