Follow on Google News News By Tag Industry News Country(s) Industry News
Follow on Google News | MobileData’s TradeSwitch is the backbone holding up prepaid ecosystemThis ecosystem consists of companies and individuals who produce, distribute, vend and consume virtual prepaid products and services, including airtime and electricity.
By: MobileData This ecosystem consists of companies and individuals who produce, distribute, vend and consume virtual prepaid products and services, including airtime and electricity. It is an ecosystem which research, including that conducted by MasterCard, is projected to grow more than 22% per annum over the next five years, as well as a global prepaid opportunity of over $822billion by 2017. Experts in this competitive space believe that diversity and balance are essential to sustainability. If the Prepaid Ecosystem is rich in the variety of prepaid goods and services, there will be a higher rate of interaction between the different players in the ecosystem. This inevitably leads to a higher flow of goods and services to the consumer and a higher flow of money to the producer. This is where the MobileData TradeSwitch adds measurable value. “This stand-alone platform enables prepaid ecosystems by fast integrations into producers of virtual products and services. Connectors can rapidly be developed to mobile networks, utility providers, banks, insurance companies and various other producers of virtual goods and services,” says Willem Scholtz, Business Analyst of MobileData. TradeSwitch brings all these goods and services together in order to enhance the Prepaid Ecosystem’s diversity and thereby stimulating and encouraging interaction within the ecosystem. This offering supports the development of the prepaid ecosystem, for example through the Node Management component. This offers features like the management of billing periods, credit, stock levels and dealsheets (which are used to configure the commissions, discounts, charges and bonuses). TradeSwitch® “We are proud to make available the only stand-alone platform that can manage the prepaid ecosystem holistically and cater for the needs of every player,” adds Scholtz. End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|