14 DAY TRIAL // Infonox, the provider and operator of the Active Payment Platform that delivers financial services to Kiosks, ATMs and other delivery channels, announced the support of consumer mobile devices on its platform. Infonox has partnered with PayMate, the leading mobile-commerce solutions provider of India, to develop a suite of mobile payment products for the US market.
The initial multi-application set includes mobile phone versions of transactional services like bill payment, money transfer (cross border), and POS payments at merchant locations. Subsequent products to be offered on the mobile channel will include not only Transactional Services but a variety of Business Services and Systems Management Services that are already offered by Infonox.
Through its PCI/SAS70 compliant data-centers Infonox has already certified interfaces into processors of ATM, POS Debit, Credit Cards, Checks, Money Transfer, Bill Payment, Prepaid Cards, Gift Cards, and other transactions. So far, Infonox had targeted ATM's, Hybrid Kiosks, PC workstations and POS terminals as the end-points for delivering provider branded financial services. With the addition of a mobile channel to its platform, the reach of the Infonox platform will grow even more.
"We are very pleased to enter the world of mobile-commerce. There are at least 10M consumers who have touched our platform to access financial services in the last 3 months - and we estimate that all of them had cell phones. With PayMate as our partner we are now ready to offer them very compelling Transactional, Business and System Management Services," said Safwan Shah, President of Infonox.
The mobile applications will be based on industry standards like J2ME, BREW, Windows Mobile and will run over SMS, GPRS and CDMA based protocols. The applications have been developed to be compatible with major phone models offered by US providers, including BlackBerry, Treo, Motorola, Nokia, Sony Ericsson, Samsung, LG and Windows Mobile based cellular devices.