The company's main purpose is to provide services in the field of acquiring in relation to payment transactions, in particular through the development, processing, marketing of mobile payment instruments and payment systems, as well as the sale of technology products and related services. The company may acquire, hold and dispose of patents, trademarks, copyrights, design and all other intellectual property rights in this context. The company may establish branches and subsidiaries in Switzerland and abroad to promote its main purpose, as well as acquire, hold and dispose of participations and real estate. The company is a subsidiary of TWINT AG (parent company) and conducts its business activities in the interest of the group. It may also promote the interests of the parent company or other group companies. Furthermore, the company may provide direct or indirect financing to its direct or indirect subsidiaries and third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, and provide collateral of all kinds for its own liabilities and those of other companies (including its direct or indirect subsidiaries and third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries), including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether remunerated or not. In addition, it may engage in liquidity balancing/concentration of net liquidity (cash pooling) with the aforementioned companies or join such an arrangement, including periodic account balancing (zero balancing). The company may conduct any other business and take any measures that are suitable to promote the purpose of the company or are directly or indirectly related to it.
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