21 September 2014

Oxygen8 takes mobile payments tech global

21 February 2013  |  1426 views  |  0 Source: Oxygen8

Oxygen8 Group, provider of integrated mobile solutions, today announces the continued global rollout of its mobile money transfer hub, Bridge, ahead of this year's Mobile World Congress.

The FSA licensed company will be adding new money transfer destinations to a number of European and non-EU countries connecting even more Mobile Network Operators and Remittance Organisations to mobile wallet markets around the world. The rollout marks the beginning of a significant investment in 2013 that will drive the company further into the innovative mobile payments space.

Bridge already connects Mobile Network Operators and Money Remittance Organisations to the remittance markets in Sierra Leone, India, Turkey, Pakistan, Philippines and more recently United Arab Emirates (UAE). The hub is also fully compatible with all M-wallet systems and supports integration with money sending and receiving organisations other than mobile operators, such as Payment Service Providers (PSPs), cash-in or cash-out agents and financial institutions such as banks.

Mobile World Congress will also provide a platform to showcase the Group's portfolio of pioneering mobile billing solutions, including its first of a kind Direct Operator Billing solution. The solution uses advanced payment mechanisms, allowing consumers to pay for products and services via their mobile phone automatically by adding the cost directly to their mobile bill. Easytrip and O2 are already using the solution successfully in Ireland for its Charge2mobile solution, allowing toll fares to be added to drivers' mobile accounts without them needing to use their handset.

Shane Leahy, Chief Executive Officer of the Oxygen8 Group commented: "We're delighted to announce the new Bridge money transfer destinations. Bridge has already been very successful in a number of countries so it made sense to roll it out to other markets where we've had significant interest. Mobile World Congress is the perfect platform to showcase Bridge and our mobile billing solutions, demonstrating how we are constantly evolving to remove hurdles from the mobile payment process, making mobile payments quick, easy and secure." 

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