Aepona announced today that it has been chosen by TDC, Denmark's leading provider of mobile and fixed-line telecommunications services, for the provision of an advanced mobile payments solution allowing third party providers of services, applications and content to charge for these services via TDC's billing system.
The solution opens up new monetization channels for TDC's merchant partners and provides a highly convenient way for Danish consumers to pay for a wide variety of goods and services, such as mobile applications and content, bus and train tickets, vending machine goods, and subscriptions to Internet services.
The solution is based on Aepona's market-leading Payments and Settlement Engine, complementing the existing Aepona-provided 3rd-party access platform that was launched by TDC in 2009 and completing the deployment by TDC of Aepona's complete Universal Service Platform (USP) product offering.
"TDC sees great potential in offering our billing platform to external partners and merchants, so that they can provide a convenient, low-friction payment option to their customers," said Henrik M0ller Nielsen, Vice President, Product Management of TDC. "Although we had already deployed a stand-alone payments gateway for certain categories of product such as transport tickets, we wanted to move towards a unified, future-proof solution that can easily span multiple product categories and that fits seamlessly within our broader strategy of making key network assets and enablers available to third party application and content providers.
"Aepona was an obvious choice to provide this unified solution, not only because of the product synergies between their Payments and Settlement Engine and our existing third-party access platform, but also because of the advanced functionality provided by their solution, such as customer self-care, comprehensive spend controls, and end-to-end management of repudiation and refunds."