Paybox upgrades m-payments technology

Source: Paybox

Paybox, the trendsetting company for mobile payment enterprise solutions, announced today its 3rd generation of mobile payment solutions.

The paybox Mobiliser products allow mobile operators and financial service providers worldwide successful market entry into mobile payment and mobile commerce. In developed markets, paybox - beyond mobile person-to-person payments - enables the creation of open, national standards for any kind of mobile payment.

With paybox Mobiliser products, banks and operators in emerging markets can create low cost, financial services for the unbanked. Eckhard Ortwein, co-founder and CEO states: "The paybox Mobiliser products coupled with our expertise enable customers to rapidly deploy, easily launch, successfully market and efficiently operate m-payment and m-commerce solutions".

The Austrian operators A1 Vodafone and One have become worldwide leaders in m-commerce by creating a national standard based on paybox.

paybox offers its customers following solutions:

  • paybox TopUp Mobiliser - topping up airtime or other credit accounts via handset, paying electronically or cash-based through a low-cost distribution network.
  • paybox Money Mobiliser - transferring money at home and cross-border, do highly secure online shopping, pay at the POS, pay bills and execute bank services with their mobile phone
  • paybox Brand Mobiliser - allowing companies with premium brands to act as an MVNO or VoIP-Provider
  • paybox Content Mobiliser - enabling end customers to buy content, gamble, shop, park, buy tickets for public transportation or events, pay at vending machines, track fleets

The paybox Mobiliser products are built on the proven and patented paybox Mobiliser platform which has been developed since 1999 covering services required for transaction and payment processing in a mobilised world, namely: Authentication, authorization and reporting.

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