The development of an open, interoperable mobile Payment system level is crucial for the further expansion of a mobile service ecosystem
Frankfurt, Germany (PRWEB) October 31, 2008
paybox, the global market leader for mobile payment enterprise solutions headquartered in Germany, is proud to announce that the leading German mobile operators - Vodafone and o2 - have launched mpass, a new operator-owned mobile payment system in Germany by leveraging the paybox Mobiliser Platform.
In the first phase, mpass enables customer to securely pay online - with just an easy SMS-confirmation - and to topup airtime via the internet or their mobile phone. mpass already enables m-Payments at a number of well established online retailers such as CinemaxX, Blume2000.de, EuroFuchs, Kickz and Beate Uhse. In a next phase, end customers can use mpass to pay for m-Commerce services such as m-transportation and also for vending. In the future, mpass will integrate NFC initiated payments.
mpass combines the proven direct debit scheme with a SMS payment confirmation on the mobile phone. Almost 14 Mio Vodafone and o2 post-paid subscribers can activate mpass instantly. Prepaid subscribers, business subscribers and subscribers of any other networks with any mobile phone and any bank account can use "mpass" following a quick online registration
mpass leverages the national payment hub functionality of the paybox Mobiliser Platform to enable interoperable payments across any number of MOs, MVNOs, merchants and end customers. With paybox, Vodafone and o2 provide mpass as an ASP service to ensure openness and attractiveness to other market participants. Other German operators can easily join the system. The initial integration effort is low and aims to make the end customer activation for post-paid customers seamless.
"The development of an open, interoperable mobile Payment system level is crucial for the further expansion of a mobile service ecosystem", says Eckhard Ortwein, CEO paybox. "mpass is a blue-print for an operator-driven m-Payment strategy, in particular in developed markets."
paybox will present its paybox Mobiliser products at the Cartes in Paris (4-6 Nov.), the Mobile Money Transfer Conference in Dubai (10-11 Nov.) and at the Mobile World Congress in Macau (18-20 Nov.)
paybox solutions AG ("paybox") is the global market leader for mobile payment enterprise solutions. Founded in 1999, paybox was the first to launch mass-marketable mobile payment solutions in five European markets. paybox setup operator-led, national mobile Payment standards in Germany and Austria. In 2007, paybox was awarded the International Stevie Award for Best Product in Telecommunications. Recognised for having the broadest mobile Commerce offering worldwide, paybox mobile payment enterprise solutions are deployed across Europe, North and South America, North Africa, the Middle East and Asia. paybox is an official GSMA Mobile Money Vendor and a G-Cash Remittance Partner. For more information on paybox, please visit http://www.paybox.net