Articles About Finance And Refinancing

Further MNO Inclusion Grows Cross-Operator m-Payment Platform Paybox

Frankfurt, Germany (PRWEB) September 15, 2008 -- paybox solutions AG, the trendsetting company for mobile payment enterprise solutions headquartered in Germany, informs that the four leading Austrian mobile operators -- mobilkom Austria, ONE, T-Mobile and tele.ring -- have signed a cooperation agreement to open mobilkom's and ONE's comprehensive mobile payment standard paybox to all T-Mobile and tele.ring customers - reaching a customer base of 4 million subscribers.

Since 2001, Telekom Austria's subsidiary mobilkom has initiated partnership and merchant agreements to foster massive nationwide adoption of m-commerce services. Directly enabled for the service, all postpaid subscribers can pay for parking and public transportation, pay at several thousand vending machines and in cabs, shop online, top-up any prepaid phone and play the lottery. All other mobile subscribers can sign up for paybox services online at any time.

Most significant is mobilkom's partnership with competitive operator ONE to position paybox as an interoperable m-payment service initiated in 2005. By further integrating T-Mobile and tele.ring as strategic partners in the Austrian cross-operator m-payment platform, Austria has extended its prime position as a leading market for m-commerce services worldwide.

Hannes Ametsreiter, CMO mobilkom austria and CMO Telekom Austria AG says: "After two successful years of cooperation with ONE, we are delighted that T-Mobile and tele.ring are joining in. With this cross-operator m-payment solution and the considerable advantages that this cooperation entails for our customers and Austrian commerce, Austria has once again demonstrated its international leading position in m-payment."

"The open mobile operator cooperation in Austria proves as a blueprint for developed markets where mobile payment is a enabling technology for the development of the entire mobile services eco-system" adds Eckhard Ortwein, CEO paybox solutions AG. "We are poised to achieve similar successes in Germany, other European and Asian markets and North America."

paybox solutions AG presents its paybox Mobiliser Products enabling operator interoperability at SingTel i.Luminate 2008, 24-25 Sep, and GITEX/Gulfcomm in Dubai, 19-23 Oct. 2008.

About paybox

paybox solutions AG ("paybox") is the trendsetting company for mobile payment enterprise solutions. Founded in 1999, paybox was the first to launch mass-marketable mobile payment solutions in five European markets. paybox set up operator-led, national mobile Payment standards in Germany and Austria. In 2007, paybox was awarded the Int'l Stevie Award for Best Product in Telecommunications. Recognised for having the broadest mobile Commerce offering worldwide, paybox mobile payment enterprise solutions are deployed across Europe, North and South America, North Africa, the Middle East and Asia. paybox is an official GSMA Mobile Money Vendor and a G-Cash Remittance Partner. For more information on paybox, please visit www.paybox.net

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