Telecom industry leaders integrate eBIZ.mobility's innovative technology and demonstrate how to monetize additional revenue channels.
Bet Shemesh, Israel, 10th November, 2008 - eBIZ.mobility Ltd., announced today that their Federated PaymentTM solution (known commercially as OneTouch Online PurchasingTM) will be showcased at TM Forum's Management World 2008 Content Encounter 3 E-commerce & Advertising event as the linchpin of the initiative to establish Telco payment processing for the Internet.
TM Forum is a premier standards setting body for the Telecom Industry and eBIZ.mobility is leading the standards-setting program for the industry-wide push to realize revenue in a Telco 2.0 world.
During the Content Encounter, (November 18-20 in Orlando, USA), eBIZ.mobility will be running live payment processing interworking demonstrations, in conjunction with industry leaders such as Telcordia, Microsoft, SAS Analytics, Motorola, CallGenie, Subex and other companies who are integrating eBIZ.mobility's patent-pending technology.
Jeremy Kagan, eBIZ.mobility's CEO, commented: "We've already gained recognition for our innovative privacy-protection and commercial models from the online identity management industry, and the mobile entertainment industry. It's very gratifying to now gain recognition for our technology solution from the leaders of the Telecom industry at the TM Forum. This is a very strong endorsement that will help propel industry adoption of our new payment model, preventing operators from becoming low margin access conduits to the Internet, and instead helping them monetize the open Web."
About eBIZ.mobility
eBIZ.mobility provides a real-time universal data clearing solution known as OneTouch Online PurchasingTM that enables consumers to buy goods and services on the Web or anywhere in the real world, paying safely and easily using their favorite prepaid or contactless card, or charging an existing personal account. In effect, OneTouch turns Telcos, banks, ISPs and other service providers into online payment processors.
For further information, please visit www.onetouchpurchasing.com
About the TeleManagement Forum
The TeleManagement Forum (TM Forum) is a consortium of 570 members in 63 countries that provides leadership, strategic guidance and practical solutions to improve the management and operation of information and communications services. The Forum currently facilitates over 80 technical programs and provides extensive training, conferencing and information services to its members. The TM Forum members include service providers, equipment suppliers, software solution suppliers and systems integrators.
For more details on the Content Encounter 3 please visit http://www.tmforum.org/pages/6595/default.aspx
For more details on the Content Encounter 3 E-commerce & Advertising event please visit http://www.tmforum.org/LearnaboutotherContent/6578/home.phpl.
For further information regarding the TM Forum, related programs and TeleManagement World, please visit www.tmforum.org.
Jeremy Kagan, eBIZ.mobility's CEO, added: "We are delighted to have MediaPlazza join forces with us. OneTouch provides a sustainable business model with a high margin. By using the OneTouch application as an alternative to other payment methods on their platforms, we are confident that MediaPlazza will enhance their services, extend the reach of their applications, and provide an additional avenue to monetize their content."
For more information contact:
eBIZ.mobility Ltd:
Debbie Benstein
Marketing Communications Director
Tel: +972-2-999-3881
debbie.benstein@ebizmobility.com
OneTouch Online Purchasing, Federated Payment and eBIZ.mobility are trademarks of eBIZ.mobility LTD. All other trademarks are the property of their respective owners.
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