About Svipe

About company

Svipe is a mobile payment service that allows retailers to offer their customers better service through rewards and incentives. The company provides shops with hardwear that consumers can swipe their phone over to pay, and gives retailers a greater level of information about their clients that they can use to target them with ads. But there are plenty of other ideas around mobiel payments trying to break out first. Based on a freemium business model, the company claims to have attracted 50,000 downloads in its first seven months, 20% of which are active on a monthly basis.