Mobile payment can be defined as a payment for a product or service initiated from wireless devices such as mobile phones and PDAs. Mobile Payment transactions are estimated to surpass $50 billion in the next five years. However, mobile payments are routed via different billing mechanisms including premium SMS billing, direct operator billing, credit cards, Near Field Communications (NFC) enabled devices and smart cards. The list is set to grow longer with the convergence of telecommunications technologies and banking services.
Wireless Expertise provides mobile payments and billing consulting services to companies who want to distribute their products on a global basis via the mobile channel. We help in developing a multi-channel payment solution using different technologies, operator connections, payment intermediaries and billing aggregators.
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