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Story Box-ID: 450753

Redknee Germany Siemensdamm 62 13627 Berlin, Germany http://redknee.com/
Contact Ms Eva Heumann +49 5251 87493067
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Redknee Germany

Increasing the value of mobile money services

The range of mobile payments is rising by 75.9%

(PresseBox) (Paderborn, )
According to leading Analysts, the value of mobile payments will grow 75.9% year-on-year to $86.1 billion in 2011, as the number of mobile subscribers accessing payment services hits 141.1 million – up 38.2% on 2010. Clearly the age of physical infrastructure is diminishing and carriers must adapt their services to local markets, emphasizing on a customer-centric approach. Orga Systems', #1 choice for real-time charging and billing, SmartMoney Suite enables telecom operators and financial institutions to offer advanced mobile payment and financial services.

Invest into real-time based mobile money solutions

The key to guarantee long-term success is that service providers need to adapt their strategies to local market requirements. Investing into real-time based mobile money solutions including extensive functionality makes operators overcome market challenges and enables them to offer an inexpensive but extensive distribution network as well as attaining skills to offer financial services. Orga Systems’ Mobile Money System (MMS) provides comprehensive functionality for the successful day-to-day management of a large-scaled mobile money distribution network.

Real-time mobile services on a single platform

Orga Systems’ SmartMoney Suite enables telecom operators and financial institutions to offer advanced mobile payment and financial services. At the same time its Mobile Money System (MMS) ensures simple usage, security and availability, bringing the bank to the unbanked. Next to boosting customer retention and revenue growth, the MMS provides the ability to make diversified transactions in real-time while integrating with the same platform an operator is working with. A valuable service, as money transfers and prepaid top-ups are driving transaction volumes up.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.