NETWORK365 AND LOGICA DEMONSTRATE INTEGRATED M-COMMERCE FOR PREPAID CUSTOMERS
Added: (Wed Feb 21 2001)
Pressbox (Press Release) -
20th February 2001 - Network365 and Logica will be demonstrating a secure prepaid m-Commerce capability at the 3GSM World Congress in Cannes. The solution integrates the Network365 mZone™ Mobile Commerce Server with the Logica Aethos Prepaid system.
The enhanced product now allows users to purchase goods and services with their mobile phone and charge them to their mobile billing account - whether pre-paid or post-paid. Subscribers can make purchases using WAP, Web, i-mode or SMS.
This means that the system extends m-Commerce to people who do not have credit cards. “For network operators, this means availability to practically 100% of subscribers, rather than the sub-set who use credit cards” says Patrick O’Callaghan, Marketing Vice President at Network365. “It allows mobile users convenient access to goods which cost less than a credit card minimum payment. Additionally, purchasing with a pre-paid account is easy, intuitive and secure”, he added.
Welcoming the initiative, Dave Lawson, Director of IN Products of Logica Mobile Networks, said “Enabling the operator to bill for transactions directly is a key component of an m-Commerce solution. Now operators can act as a clearing house between merchants and subscribers in a secure and practical way which adds value and creates a new revenue stream.”
Recent growth in the use of prepaid accounts demonstrates that there is a need for payment systems, which suit the requirements of young people and those on variable incomes. Unlike credit accounts, prepaid accounts aid budgeting and will not result in the user building up a large balance due.
Falk Muller-Veerse, of Durlacher Research and author of a number of reports on mobile commerce said: “Undoubtedly, advances such as this will speed up the implementation of mobile commerce”.
mZone™ Mobile Commerce Server has been on the market since 1999 and is in service with Network Operators and Application Service Providers in several countries. The Logica Aethos Prepaid system, based on the Aethos Intelligent Network Platform, is a market leader in turnkey pre-paid solutions.
mZone™ Mobile Commerce Server is designed to run over WAP, Web, SMS and imode. The product allows subscribers to purchase CDs, books, cinema and concert tickets, flowers, chocolates, wines, gifts and toys. The system provides an easy-to-use and secure transaction environment for mobile users. Shoppers can personalise the service with a range of shipping addresses, payment methods and other options.
Logica is a leading global solutions company providing IT consultancy, systems integration, products, services and support. Logica’s clients operate across diverse markets including telecoms, financial services, energy and utilities, industry, distribution and transport and the public sector. The company has over 10,000 staff in 27 countries worldwide. Founded in 1969, Logica is listed on the London Stock Exchange where it is part of the FTSE100 index of the largest UK listed companies.
About Logica in messaging
Logica is the leading supplier of messaging systems to over 100 of the world's top operators; these systems serve over 150m active subscribers. Logica's market leading position will be further enhanced by the imminent deployment of the world's first 'live' 3G messaging systems; in addition Logica is fast becoming a market leader in the emerging world of multi-media messaging services.
Network365 is a leading provider of mobile commerce solutions for network operators, service providers and enterprises. Headquartered in Ireland, Network365 provides customers in Europe, the US, and Asia Pacific with the opportunity to bring mobile commerce services quickly to the market. Founded in 1999, Network365 led the way in enabling the wireless marketplace with the world’s first WAP-based transaction server, and continues to lead with products that address the newest developments in mobile technology. These systems access modules which enable support for SMS, WAP, i-mode, EZweb, J-SkyWeb, Internet and emerging digital media.
For further information see: www.network365com
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