Telepin Software Introduces New mHub Application
2009-06-22 14:38:01 -
London, June , 22, 2009
Roaming-recharge and mobile financial services give mobile
subscribers capabilities beyond borders
OTTAWA, CANADA and BARCELONA, SPAIN--(Marketwire - June 22, 2009) -
AND 2009 GSMA MOBILE MONEY SUMMIT -
Editors Note: A photo for this article is available on Marketwire's
website.
Telepin Software, a leading provider mobile money transaction
platforms, today announced Telepin's mHub application, which allows
roaming prepaid subscribers to top-up using a visited network and
local recharge values, as well as enabling the capability for
person-to-person airtime transfer between networks, and mobile money
remittance services to offer reduced remittance costs to subscribers.
Prepaid subscribers formulate the greater population of mobile
subscribers outside of North America. On some networks, especially in
unbanked areas of the world, prepaid represents 99% of the entire
customer base. Currently, in order to top-up a prepaid account, a
mobile subscriber needs to be on their home network making it
virtually impossible to recharge their mobile accounts during
sometimes extended times away from home, including work travel or
vacations.
Telepin mHub provides a single central hub for multiple operators to
connect to, for the exchange of airtime, mobile payments, and to
carry international remittance. This approach allows a number of
operators to offer a set of unified services with a consistent user
experience, regardless of the subscriber's network or roaming status.
Premium revenue is through the interconnection of transactional
services as well as ensuring roaming subscribers are provided
capabilities for local recharge. The hub acts as the interconnect
point to enforce currency conversion, fees and rating policies for
every transfer. Security concerns are addressed by a platform that
provides complete traceability of the end-to-end transaction.
"For any interconnect solution to be successful the platform must be
able to support multiple national operators within an international
operator group, but it can also be used to connect different
operators within a single country," said Telepin president Vincent
Kadar. "Maximizing revenue with the least amount of manual
intervention requires sophisticated business logic that can apply
fees directly to the amount transferred and/or reconciliation amounts
between operators based on value and volumes. Breaking down these
barriers ensures that multiple operators can connect within a single
mobile transaction network."
The Roaming Recharge Service has initially launched with a major
operators in the Middle East. This news follows the launch of
Telepin's flagship Cayman Transaction Platform, the most efficient
and cost-effective way for mobile operators to control their
distribution networks, maximize revenues from mobile financial
services, and deliver innovative mobile financial applications.
Telepin's flexible and scalable Cayman Transaction Platform enables a
full suite of electronic, transaction-based applications for mobile
subscribers to recharge their mobile airtime without the use of
physical cards or vouchers, facilitate P2P money transfers, allow for
electronic bill payments, and more, using multiple channel
interfaces.
To date Telepin has enabled its transaction software to more than 70M
mobile subscribers, and 210,000 merchants. Telepin customers include
Djezzy (Orascom Algeria), Tunisia Telecom, Etisalat, and Claro. The
company has also established global business partnerships with
Fortune 500 companies.
Telepin is taking part in the 2009 GSMA Mobile Money Summit in
Barcelona, June 22-25 2009 (booth #D6).
Pricing and availability available on request.
About Telepin Software
Telepin Software is a leading provider of mobile transaction
platforms, providing mobile operators the most efficient and
cost-effective way to control their distribution network, maximize
revenues from mobile financial services, and deliver innovative
mobile financial applications. Telepin's Cayman Transaction Platform
enables a full suite of electronic, transaction-based applications
for mobile subscribers to recharge their mobile airtime without the
use of physical cards or vouchers, facilitate P2P money transfers,
allow for electronic bill payments, and more, using multiple channel
interfaces. Telepin's customer base includes tier-one operators in
the Middle East, Africa, and the Americas. The company's combined
direct and partner reach services the world. Telepin is completely
self-funded, and has experienced tremendous growth in the past year
with more than 6,000% growth in revenues. For more information,
visit: www.telepin.com.
Contacts:
Media Contact
Heather McCulligh
613-797-8949
hmcculligh@rogers.com
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
