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Virtual wallet opens new revenue streams for mobile network operators

FROM EVA HEUMANN most read

Paderborn (Germany), 07 December 2010: Today's mobile handsets, that are equipped for a variety of payment-related transactions, are the main driver for global growth in the mobile payment sector. Orga Systems, #1 choice for real-time charging and billing, supports this rapid change of the mobile industry by offering truly convergent services in the area of prepaid airtime distribution and mobile money services. The mobile payment solutions offer the option to sell "bundled" products in the area of voice, data and financial transactions and enable reliable and speedy customer communication. With more than 18 installations, serving 200+ M subscribers in Latin America, Orga Systems underlines its role as a reliable partner for the future growth of mobile telecommunications.

Operators can benefit in two ways

While advanced mobile markets have linked mobile and banking services for some time, the mobile payments segment is now also expanding into emerging markets, where more than a billion mobile phone users are currently lacking bank accounts. This divergence occurred, for example due to the new availability of inexpensive mobile handsets in markets, such as Latin America, Asia and Africa. Mobile money services offer new revenue opportunities for operators in two ways: direct revenue and indirect benefits, especially reduced churn and increased ARPU. That is why worldwide markets for mobile payments are expected to experience exponential growth rates within the next years. This is due to more and more payments are made via handset - be it for digital goods, such as ringtones or music, or physical goods, such as books, coffee or gifts, or simply to transfer money to your family via your handset.

Truly convergent services for prepaid airtime distribution and mobile money services

To secure their piece of the cake, operators have to enable their subscribers to charge online and offline products and services using their mobile money services. Mobile payment solutions have to enable truly convergent services in the area of prepaid airtime distribution and mobile money. The option to sell "bundled" products in the area of voice, data and financial transactions offers unique advantages to the operators.With its Mobile Money solutions, Orga Systems underlines its strong offerings for distribution management, including handling revenue sharing, commissions and fees, sales targets and bonuses, management of e-money float and cash float.

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Orga Systems – #1 choice for real-time charging and billing

As the pioneer of GSM prepaid billing, Orga Systems has gained highly qualified expertise in real-time charging and billing.

Orga Systems focuses on real-time based solutions for customer billing and administration in mobile telecommunication services. It sets important milestones for the industry regularly to further expanded its leading position.

Orga Systems" high-performance database, InCore is currently the fastest data technology worldwide with regards to access speed.

Mobile operators need future-proof billing systems which offer clear service and cost benefits.

The fully convergent real-time billing platform OPSC Gold guarantees their profitable growth.

Please visit  orga-systems.com for more information.

Orga Systems GmbH
Am Hoppenhof 33
33104 Paderborn

Eva Heumann
Head of Corporate Communication
 email@autor.cap
 orga-systems.com


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Article published on 08.12.2010


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