Wednesday, 03 November 2004
 The
New Face of M-Commerce – eBIZ.mobility, LTD has developed the
groundbreaking M-Commerce Roaming Mediation Gateway -- RMGTM payment
gateway that will allow travelers to perform mobile payment
transactions and to purchase data services across international
boundaries using nothing more than their cell-phones.The
eBIZ.mobility roaming solution is unique as it is the only technology
that bridges wireless network-centric digital content like video clips
together with physical point of sale purchases using contactless
payment whose usage is exploding in the Far East. The RMG payment
gateway performs transaction authorization between network operators in
real-time, as well as providing a true interoperability platform across
disparate M-commerce technologies.
The RMG sits between different mobile operators to route and
authorize immediate M-commerce transactions. This element is secure and
flexible and works with any payment scheme for any commercial
transaction. When a traveling consumer purchases a video clip or a soft
drink in another country using the mobile telephone, the transaction is
authorized by his or her home service provider and currency is
converted in real-time.
Based on a secure SS7 common signaling channel, the RMG confirms the
subscriber’s financial ability to make the transaction with the
subscriber’s home network operator, thus allowing mobile transactions
to be seamlessly authorized every time between mobile network operators
that use different network, service, payment and billing systems. It is
significantly more secure, reliable and predictable than any other
technology available today.
eBIZ.mobility is an active member of the PayCircle group for
creating a universal, simple and secure payment method for mobile
communication services.
The Tower Group projects that by 2007, one billion macropayment
transactions and 25 billion micropayment transactions will be conducted
via mobile phone annually. According to BWCS, a leading wireless
telecommunications consultancy in the UK, the mobile payment market is
at the beginning stage of what is projected to become a $380 billion
industry by 2010. The European Telecommunication Standards Institute
reports that using mobile phones across borders and/or operators
(roaming) accounts for 10% of all mobile traffic.
eBIZ.mobility is the developer of M-commerce roaming solutions. The
company was founded by international experts in telecommunication
networks and operations, and systems development. Its RMG payment
gateway is set to become the leading M-commerce roaming solution for
premium digital content such as news, sports, videos, games, ring tones
and mobile proximity payment.
www.ebizmobility.com |
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