Mobile Payments are no more a distant aspiration of financial experts around the world; this contemporary, yet convenient, payment channel has already become a reality with a continuous increase in the number of mobile money users worldwide every year.
Accordingly, ProgressSoft has been dedicating its expertise in the financial and banking technology to deliver PS-mPay; a contemporary mobile payments platform that allows for domestic and cross-border remittances for banked and non-banked users. This solution offers payment services that include, but are not limited to, Person-to-Person, Person-to-Business and Person-to-Government Money Transfers, in addition to Bill Payment, Direct Credits and Point-of-Sale Payments.
PS-mPay provides a set of advanced Mobile Payment services that allow the user to carry out money payments and transfers by simply using the mobile phone. Users can perform the following transactions anytime, anywhere and receive direct confirmation of transactions on their handsets:
Other transactions involve money movements between the client's mobile account and his/her registered bank account with Deposit/Withdrawal transactions. Cashing money is also made possible for non-banked people via Cash-In and Cash-Out options through agent outlets, or from ATMs if needed.
Mobile Payment Investors
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