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Fast fact:
'The current system of billing to the mobile phone account is the main inhibitor of higher value m-commerce' - Upaid survey among industry insiders, March 2006


AFRICA/MIDDLE EAST/EUROPE: Mobile Operators Sign Up to Visa m-payment
Source : Cards International

Visa CEMEA's mobile payment solution, Visa m-payment, is to be offered to mobile phone users across Africa and Central and Eastern Europe. Users will be able to pay phone bills or top up prepaid mobile phones with funds debited from any registered Visa credit or debit card.

Jordan is the first market to launch the solution, to be followed by Serbia and Morocco in coming months.

Jordan's mobile payment offering is in conjunction with Fastlink, the country's GSM operator. The service is available to all Fastlink customers who hold a Visa or Visa Electron card, regardless of the institution with which bank.

The m-payment solution is based on technology from Anglo-French mobile payment specialist Upaid and is designed to be a multi-functional flexible service adaptable to individual market and mobile operator requirements.

 
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