Mobile Money

An effective means of facilitating secure electronic transactions in both developed and developing markets. Customers have a convenient way to create an electronic account and maintain a ‘stored value.’ Accessible from mobile phones and can be used for a broad range of financial transactions.

Industries

  • Mobile Network Operators or Telecommunication Companies
  • Financial Institutions
  • Retail
  • Third-Party Solution Providers

How it works

Novatti’s Mobile Money solutions connects service providers and end-users by turning any mobile phone into an electronic funds account; allowing service providers to target both banked and unbanked users. It can be easily and quickly adapted to a variety of requirements.

Having this versatile and scalable solution in place, service providers can offer a broad spectrum of smart and practical branded services, such as merchant purchases, remittance, bill payments and more. They will also be supported by comprehensive reports containing all settlement details.


Benefits with Novatti

  • Embedded API’s enable integration with other wallet services such as Google WalletTM and PayPalTM, and payment providers such as Western Union and MoneyGram
  • Lower cash-distribution expenses
  • Gain access to convenient and secure mobile financial services that have greater ease of use – no need to carry cards or cash
  • Attract new customers and extend market reach
  • Enhance end-user exoperience more value-added services

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