Mobile Wallet Provider xpWallet Unveils Its Next Generation mWallet Products Set

PRLog (Press Release) - Dec. 6, 2012 - xpWallet, the leading provider of next generation mWallet products, is pleased to unveil its innovative, advanced and comprehensive set of  mobile wallet solutions and products for telcos, banks, financial institutions or companies willing to offer mWallet services to their customers.

By offering xpWallet next generation mWallet products, service providers can expand their mobile services for their subscribers and penetrate into new markets and customer demographics. Further, mWallet products provide a new transaction-based revenue opportunity for the service providers by increasing Average Revenue Per User (ARPU).

Aiming at providing an enhanced digital experience, xpWallet also announced the release of the industry-leading mobile wallet applications (http://www.xpwallet.com/asp/WhatWeDo.asp) such as Core Mobile Money platform, mWallet Enterprise Suite, and Xpert Analytics Engine.

“By understanding and possessing expertise in both mobile payment and mobile commerce (http://www.xpwallet.com/asp/Products.asp) services, next generation mWallet looks forward to transforming the way people use mobile phone to manage their finances and spend money," says Rohtas Chhabra, Vice-President –Product & Technology, xpWallet. “By using the latest technology, we have designed our industry-leading mobile wallet platforms to ensure we provide mobile payment industry a next generation mCommerce ecosystem.”

The following features of xpwallet next generation mWallet products (http://www.xpwallet.com/) show its strength as revolutionary mobile payment technologists:

-          Interface available in many languages for desired capabilities

-         Compatible to more than 150 currencies including local as well as non-base currencies

-    Assure security through data encryption and recording of each access to the mWallet

-        Allows more than 100 transactions per second on a single machine.

-          User-friendly GUI saves employee training cost

-          Open APIs for Banks, Telcos, Merchants, Utilities Companies, etc. make integration smooth and saves cost maintaining multiple software.

-          Its Decision Support System provides analysis of the live data and helps top management to make better decisions.

-          Fully customizable and flexible KYC to meet regulators’ requirement without making any changes in the code.

-          Highly configurable commission structure like slab-wise, percentage, fixed.

About xpWallet Next Generation mWallet

xpWallet next generation mWallet is the most innovative and advanced mobile wallet solution in the world, consisting of a rich set of products, such as Core Mobile Money platform, mWallet Enterprise Suite and Xpert Analytics Engine; including Merchant Payment, Bill Payment, Promotion Engine, Pay Parking, Survey, Merchant Deals, School Fee, NFC, Data Wallet, Fund Transfer, and Bank Integration etc.

Next generation mWallet offers a complete end-to-end mobile wallet solutions that is suitable for telcos, banks, financial institutions or companies willing to offer mWallet services to their users. The products cover different aspects of users’ financial and expenditure behavior that can be accessed through different devices such as mobile phone, Web, ATM, POS and supports different platforms i.e. USSD, SMS, NFC, J2ME, Android, iPhone, BlackBerry platforms.

About xpWallet (http://www.xpwallet.com)

xpWallet is the leading mobile wallet solutions provider and a company with a global perspective, but a keen customer focus to ensure an enhanced and comprehensive digital experience. The company, with its Next Generation mWallet products and mobile wallet payment solutions, focuses on delivering software to financial institutions and payment processors in Asia Pacific, Africa, Europe, the Middle East and the Americas.

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