A Canadian tech company is setting up shop in Australia.
Glance Technologies Inc. announced Thursday that is opening a new office in Melbourne and is launching a pilot project with an Australian merchant.
The Company points to research that showed the Australian market as quick to embrace mobile payments, and now boasts some of the world’s highest adoption rates for contactless payments.
Business Insider reported that retail sales grew 0.6% to $24.45 billion in February, double the level expected.
Glance’s mobile software system is a digital commerce platform built on propriety blockchain technology. It is also working on a rewards-based cryptocurrency for its Glance Pay app.