14 DAY TRIAL // Espoo, Finland-based mobile phone maker Nokia and leading provider of Mobile Payments and License Management Tanla Solutions Ltd have announced today that they signed a 5-year agreement aimed at License Management, Mobile Payments and related professional services.
According to the two companies, Tanla’s License Manager product, which has been designed for rights management of applications and software on mobile devices, can be already found installed on a wide range of handsets running under the Symbian operating system. The License Manager enables easy integration of application rights management and payments, and also offers the possibility for in-application billing before you buy, subscription and other business models to be included with the mobile phones.
Tanla also noted that its License Manager would soon be expanded to other devices outside the Symbian area. Uday Reddy, chairman and managing director, Tanla Solutions, commented on the agreement: “The adoption of Smartphones is a key driver for the consumption of Applications and Content on the handset, Nokia being the clear market leader in the smart phone segment and the largest handset manufacturer, makes this agreement very significant to Tanla.”
Tanla's Mobile Payment service is another aspect of the agreement Nokia will benefit from. The service will enable for on-device transactions to be performed, and Tanla is already offering these capabilities in a number of 160 countries via Mobile Operator and Credit Card billing. The company also noted that its mobile payment service was used by software vendors, developer and content providers so that secure transactions could be performed directly from mobile phones in a move that helps them monetize their content and services.
“This agreement further highlights our strong track record in processing secure transactions on the handset and our position as a trusted supplier of mobile payment services. Through a single integration with Tanla, application developers can monetize their services in 160 countries through operator and credit card billing” Uday added.