Mobilis Enable Biometric and NFC World Firsts for Mobile Wallets

Mobilis Enable Biometric and NFC World Firsts for Mobile Wallets

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Mobilis Enable Biometric and NFC World Firsts for Mobile Wallets PR Newswire PALO ALTO, California and AUCKLAND, New Zealand, May 31, 2012 PALO ALTO, California and AUCKLAND, New Zealand, May 31, 2012 /PRNewswire/ -- Mobilis Networks Limited, an international software applications company offering mobile wallet and billing solutions for mobile operators, today announced its software services

Publié par

jml-communications-prn-asia

Langue

English

Mobilis Enable Biometric and NFC World Firsts

for Mobile Wallets

PR Newswire

PALO ALTO, California and AUCKLAND, New Zealand, May 31, 2012

PALO ALTO, California

and

AUCKLAND, New Zealand

,

May 31, 2012

/PRNewswire/ -- Mobilis Networks Limited, an international software applications

company offering mobile wallet and billing solutions for mobile operators, today

announced its software services to enable what Mobilis believes to be world

firsts for mobile wallets: point-of-sale fingerprint verification for international

money transfers to mobile wallets and NFC mobile payments that support any

mobile phone.

By deploying Mobilis' mobile wallet services for international remittances, a

mobile operator can receive international money transfers directly into their

subscribers' mobile wallets through point-of-sale devices located in other

countries. For example:

1. A customer enters a partnering retail outlet in one country to transfer cash into the mobile

wallet of someone in another country;

2. The shopkeeper uses a supplied point-of-sale payment device with a biometric fingerprint

reader and Mobilis' software;

3. The customer's fingerprint is verified for KYC (Know Your Customer) purposes. The

shopkeeper then enters the receiving country, currency, mobile number and amount to

send;

4. The device communicates with Mobilis' central server and its international remittance

partners, and reports back with the best foreign exchange deal;

5. The customer hands over cash, the transaction is confirmed, and the correct amount is

immediately transferred into the receiver's mobile wallet.

The entire transaction, from identity verification to confirmation of transfer,

takes less than 30 seconds with funds arriving in the receiving country mobile

wallet 3-5 seconds later.

Chris Jones, CEO of Mobilis, said, "Annually hundreds of billions of dollars are

sent home by family living and working abroad. Last year over

US$20 billion

was sent from the

USA

to

Mexico

alone. Communities in emerging markets are

reliant on these incoming funds. The level of convenience and security provided

by our point-of-sale solution for international remittances will have a big impact

on the money transfer market."

With the international funds landing instantly in the receiver's mobile wallet, the

mobile subscriber can then use their existing phone to pay for goods and

services, pay bills, and top-up airtime using "tap-n-pay" NFC (Near Field

Communication) at the point-of-sale.

Mobilis' mobile wallet services for NFC are deployed by mobile operators and

support any mobile phone. For the mobile subscriber to use the NFC service,

the mobile operator simply affixes a NFC chip to their mobile phone and

registers the subscriber free of charge. If the mobile subscriber has a new NFC

smart phone, they can be registered with that too.

Widespread use of mobile phones for retail payments was considered to be a

few years away, however with Mobilis' mobile wallet services for NFC, all of a

mobile operators' subscribers can make these mobile payments today. The

service is not limited to only those who can afford an expensive smart phone

with a special chip inside. The mobile subscriber does not even need to have a

bank account or credit card.

Jones added, "Our mobile wallet solution is meeting the needs of emerging

markets now. It is being used for point-of-sale payment of groceries, airtime

and power bills, through to wages and government disbursements."

Mobilis' mobile wallet solutions are currently being rolled out across

Asia-

Pacific

, the

Middle East

and

Africa

.

About Mobilis Networks Limited

(www.mobilis.com)

Mobilis is an international software applications company providing converged

mobile wallet, real-time billing, messaging and multimedia switching solutions

to mobile operators.

For further information please contact:

Emma Jackson

JML Communications

Mobile +64-21-985-655

Ian Allan

Mobilis Networks Limited

ian.allan@mobilis.com