DeviceFidelity is a company.
Key people at DeviceFidelity.
DeviceFidelity was founded by Amitaabh Malhotra (COO and Cofounder).
DeviceFidelity was founded by Amitaabh Malhotra (COO and Cofounder).
DeviceFidelity is a mobile contactless technology company specializing in secure mobile payment solutions, primarily through plug-and-play products like secure microSD cards and NFC cases that enable mobile phones to conduct contactless transactions. Its solutions serve financial services and mobile commerce sectors by enabling secure mobile payments and transactions. Founded in 2007 and headquartered in Richardson, Texas, DeviceFidelity has raised over $10 million in funding and holds 29 patents related to contactless payment technologies. The company was acquired by Kili Technology Corporation, becoming its wholly owned subsidiary, which has accelerated its growth and product development in mobile point-of-sale and wearable payment devices[1][2][5].
DeviceFidelity was founded by Deepak Jain and Amitaabh Malhotra, who continue to lead the company post-acquisition. The idea emerged from the vision to transform mobile devices into secure payment platforms, pioneering mobile Near Field Communication (NFC) wallets compatible with both iPhone and Android devices. Early traction included launching the moneto mobile wallet in 2012, powered by MasterCard PayPass technology, enabling users to make contactless payments at numerous merchants. This early success positioned DeviceFidelity as a leader in mobile NFC payment technology[3][5][6].
DeviceFidelity rides the wave of mobile payments and contactless transaction growth, a trend accelerated by consumer demand for convenience and security. The timing is critical as NFC and mobile wallets become mainstream, supported by evolving payment infrastructure and increasing merchant acceptance. DeviceFidelity’s technology enables legacy mobile devices to participate in this ecosystem, broadening access and accelerating adoption. Its integration with Kili Technology’s secure payment processing solutions positions it well to influence the mobile commerce and fintech landscape by providing scalable, secure, and cost-effective mobile payment solutions[1][2].
Going forward, DeviceFidelity is poised to expand its product lineup with new mobile point-of-sale and wearable payment devices, leveraging Kili Technology’s intellectual property and market reach. Trends such as the rise of contactless payments, wearable tech, and mobile commerce will shape its journey. Its influence is likely to grow as it helps merchants, consumers, and financial institutions adopt seamless, secure mobile payment solutions, reinforcing its role as a key enabler in the evolving digital payments ecosystem[2].
DeviceFidelity’s journey from pioneering NFC mobile wallets to becoming part of a broader secure payment solutions provider highlights its strategic evolution and ongoing impact on mobile commerce innovation.
Key people at DeviceFidelity.