The company develops and sells technology that enables secure mobile financial services and mobile commerce. - proprietary framework technology automatically recognizes the software and hardware characteristics of a requesting handset. The result is high portability without sacrificing the user experience. The technology addresses all operating systems and communications channels. - uses device resident coding and other security measures to deliver the high level of security required for mobile financial transactions. - the platform is designed to connect to all major back office systems. This flexibility, together with alliances with major back office technology providers allows CodaMation to deliver end-to-end mobile commerce solutions in any market vertical. Monedero, Argentina’s leading contactless payment card issuer for urban transportation and retail micro-payments, uses Codamation technology to offer its millions users Mondero Online, a prepaid, unbanked, online account which can be either be loaded physically, in cash, through Monedero’s agent network, or by means of a money transfer from a bank account or credit card. With this application, users can use their mobile phone to make P2P transfers, top-up mobile accounts, pay bills, and purchase goods in-store and remotely. Users can also transfer money to their Monedero’contactless card and locate agents and merchants belonging to the company’s network. Using the Codamation QR Code shopping feature, users can purchase and pay for products and services advertised in billboards, newspapers, magazines and other printed and online media by scanning the related QR codes. This feature opens new sales channels (“virtual aisles”) for retaiers with minimum associated costs. Also, CodaMation has successfullly delivered and deployed solutions for Banelco, Direct TV, OSDE, Club La Nacion, Clarin and others.