Monthly Archives: October 2012

MTS (Monetary Transaction System)

Market Drivers Nowadays market demand is specially focused on the following concepts: Massive access Ease of use Simplicity 0 time consuming 100% availability (24/7) Based on these, eCommerce appeared. However, eCommerce dependence on Internet is not convenient. To solve this issue,  the mCommerce(mobile Commerce) concept arose, incorporating  the main mobile technologies available,such as SMS, USSD and Web.Consequently, mobile money solutions appeared. Product Overview MTS  is a Mobile Money solution that enables mobile phones to perform eMoney transactions from standard GSM handsets by means of USSD, IVR, SMS or Web. MTS brings a complete new way of managing money. MTS enables mobile subscribers to have  prepaid virtual wallets associated to their mobile accounts from  where they can pay goods and utilities, or send money to family and friends, gaining  security by reducing real money transactions. These are now replaced by  electronic transactions. MTShelps making the prepaid model more  profitable and at the same time gives subscribers a more convenient mobile services. Subscribers can TopUP their eWallet accounts at authorized mobile agents (retailers)  or directly through a subscriber’s bank account or credit card(“cash in” operation).  The cash in process credits the subscriber account into the MTS platform and debits the retailer’s account, while the subscriber hand cashes to the retailer. Subscribers can then manage their electronic funds directly  from their mobile phones or convert it to cash at authorized stores (“cash out” operation). The solution holds interfaces with the operator’s Prepaid and Postpaid platforms, Billing  System, Bank and Credit Card Gateways, and external gateways for utilities  … Read More >>

How To Bulid A Mobile Website

Over the past few years, mobile web usage has considerably increased to the point that webdevelopers and designers can no longer afford to ignore it.In wealthy countries,the shift is being fuele-d by faster mobile broadband connections and cheaper data service. … Read More >>

Watch Out, E-Commerce and M-Commerce: Here Comes ‘F-Commerce’ and He’s everywhere and Ready to Steal Your Girlfriend

Make room on the spreadsheet, there’s a new Romeo in town. Business’ romance with new revenue channels is a tortured tale. E-Commerce is now beloved and has had a home among st the Excel columns for some time, but the … Read More >>