Mobile Interactive Group (MIG) today announces the acquisition of global micropayments business Zaypay. Based in the Netherlands, Zaypay is a young and profitable mobile micropayments business that was founded in 2006. To date the business has provided secure micropayment solutions to several hundred global customers through one secure and relatively easy to use platform.
Barry Houlihan (CEO & Founder, MIG) commented in relation to the acquisition: “MIG’s vision for Zaypay is to build a one stop shop for online and mobile monetisation solutions to merchants, online billing providers and developers globally. We understand that developers are driving our industry now and Zaypay is a platform that has been built by developers, for developers – Our aim is to build stronger relationships specifically with the developer community, to provide developers with a frictionless payment system that’s tailored to their platforms and to further understand and support their requirements around monetisation on an international scale.”
Bastiaan Peters (CTO, Zaypay) recently stated: “We’re extremely proud of what we’ve achieved over the past five years; we’ve built a profitable micropayments technology business and now, with the acquisition from MIG, the Zaypay business can be taken to the next level.”
MIG will continue to operate Zaypay as a standalone business. Zaypay was acquired for an all cash undisclosed sum.
Check out the following introductional video. Although it’s at least 3 years old it will help you to get a better understanding of how Zaypay works: