With this latest addition to its products portfolio, xpWallet adds another opportunity of revenue generation for merchants/transport authorities and mobile network operators. The system provides both service providers and customers fast, secure and, cost and time saving cashless and paperless mobile payment system that enables commuters to pay for tickets through NFC enabled mobile wallet phone. The NFC mWallet system also allows subscribers to integrate their Travel Pass with mWallet, Debit Card, Credit card and bank account.
Key features of the product include:
• Commuters can buy tickets through NFC enabled mobile phone/ NFC Cards
• Both commuters as well as transport authorities can maintain records of digital tickets
• Facilitate instant notification system for ticket purchase through SMS
“Targeted mobile marketing and discount offers using NFC enabled mobile wallet phone can be powerful revenue growth tools for merchants/transport authorities and mobile network operators, producing a much higher usage than paper-based tickets,” says Rohats Chhabra VP – Product & Technology, xpWallet. "With the ability to support several mobile wallet services and functionalities on an NFC enabled mobile phone, we expect great adoption for our products."
“xpWallet is providing NFC mWallet ticketing system with a complete advanced payment acceptance system, as well as maintaining a great balance between security and convenience to beat fraud and risks,” says Franck Detoh Head – Sales Africa, xpWallet. “This integrated offering will provide a cost-effective and convenient NFC payment solution to mobile network operators and transport authorities blended with discounts, coupons and some other value added services to their customers.”
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.