Saturday, July 2, 2011

Accumulate mobile security platform enables new mobile payment service by Telia sweden

The Telia branded mobile payment service is a solution delivered by leading payment service provider ‘PayEx’. Accumulate’s mobile security platform Mobile Everywhere (ME) is used for securing all mobile transactions and for the enabling of mobile services as a integrated part of the PayEx mobile payment solutions. With the platform all mobile financial services can be served using one platform; mobile payment, mobile banking and mobile security.

“We have been working with Accumulate and their Mobile Everywhere platform for a long time and we are convinced that it is the right solution for enabling secure and easy to use mobile payments”, says Raymond Klavestad, CEO of PayEx Solutions.

First out is SMS Premium payments like for ticketing, music and purchase of goods in vending machines and person-to-person money transfer. The solution provided by Accumulate can easily enable more payment options and other mobile services, and this without having the end user to re-download, re-install and reactivate their mobile application. The service is from start available on all major mobile platforms.

Organizations that want to offer mobile financial services to its customers can with the mobile security platform from Accumulate enable secure and easy to use services like:
  • Mobile payments – POS (incl. NFC payments), person-to-person, online, vending machines, remittance, etc.
  • Mobile banking – full mobile channel to all informational and transactional services.
  • Other services – examples; ticketing, coupons, loyalty and membership points
  • Online card transactions – example is using the mobile for 3D Secure.
Accumulate is a leading provider of secure online solutions for mobile. The company’s patented technology offers solutions such as mobile financial services and security services using your mobile for secure authentication, login and electronic signing.

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