The start-up enables contactless digital transactions on mobile phones, card swiping machines, automated teller machines and other payment-enabling devices.
It also offers software updates on regular intervals.
ToneTag, which already has an existing partnership with Mastercard, is in the process of integrating its technology, which uses sound waves to transfer data, with the Amazon platform.
-ToneTag raises up to $10 million from Amazon, Mastercard, others
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