Visa to pilot SMS pre-paid service. Pago Electrónico :: e-Payment

Visa to pilot SMS pre-paid service


Fecha Viernes, febrero 21 @ 14:49:41
Tema Pago Electrónico :: e-Payment

Upaid, a provider of mobile payment authentication and roaming
services to mobile operators, banks and merchants, today announced it
has entered into an agreement with Visa CEMEA (Central Europe, Middle
East and Africa) to supply technology and services, enabling the market
pilot of an SMS-based pre-paid top-up service in the region.


Visa intends to enable participating member banks and mobile operators
to offer a Visa-branded service to their customers for the pre-paid
top-up of mobile phones from debit or credit card accounts. Upaid is
providing the technology and services that enable this end-to-end SMS
top-up facility, which represents one of the first ASP top-up schemes to
go live in the market.

Hilary Mitchell, vice president e-Visa CEMEA, commented: "We have put a
considerable amount of effort into the selection process and are pleased
that we will be able to go live with the service so quickly thanks to
Upaid's expertise in this area. Visa examined a large number of
solutions in its selection of a technology supplier for the service and
is happy to work with Upaid on the project."

Ashley Ward, CEO of Upaid, said: "The fact that Upaid has been chosen
against all the available competition demonstrates that our technology
enabling an SMS-based top-up service is the most advanced on the market.
We are delighted to partner with Visa in developing this service."

Upaid technology, hosted at a centralised hub, interacts with both the
operator's and bank's systems to authenticate the end-user based on his
MSISDN and PIN. It handles the transfer of ISO 8583 authorisation and
top-up message requests between the bank and the operator to enable the
service. Pre-paid mobile users register for the service at their issuing
bank and send a simple SMS message, containing an amount and PIN, to
top-up their pre-paid phones from their Visa card account. Registered
users may also top-up the pre-paid accounts of family & friends using
the service by sending an equally simple SMS-message.

Initially, the pilot will involve one bank, serving as both the
acquiring and issuing bank and one mobile operator. The pilot will go
live in the second quarter of 2003 when full details of the pioneering
bank and GSM operator will be available. Plans to connect other parties
to the ASP enabled by Upaid technology are underway.


Este artículo proviene de Kalysis Community
https://kalysis.com/content

El URL de esta nota es:
https://kalysis.com/content/article.php?sid=216

English Translation