3V Launch Game-Changing (White Label) Mobile Money Service - MoneyButton - at GSMA Summit Milan

Moneybutton is an instant-issue virtual Visa or MasterCard account created after in-app or online registration. The debit account can be funded by bank transfer, payment cards, cash at 350,000 retail locations, customer’s mobile bill.
By: 3V www.3vcorporate.com / Media Mentor PR
 
Oct. 24, 2012 - PRLog -- MILAN, ITALY -- 3V Launch MoneyButton- Ground-Breaking Innovative “white label” Mobile Money Service - at GSMA Mobile Money Summit, Milan.

Payment technology provider 3V Transaction Services www.3vcorporate.com  launched their new white label mobile money service, Moneybutton  www.moneybutton.com  at the GSMA NFC Summit in Milan, today.

The company, whose clients include Telefónica, PayPal, eBay and Visa Europe, is offering a full service solution to mobile operators and other verticals intending to bring mobile financial services to market quickly.

Moneybutton is an instant-issue virtual Visa or MasterCard account created after in-app (Apple, Android, Blackberry or Windows) or online registration. The Visa or MasterCard debit account can be funded by bank transfer, payment cards, cash at over 350,000 retail locations, or by charging to a customer’s mobile bill.

The account can be used to instantly spend online, with the universal acceptance afforded by the Visa and MasterCard schemes, by NFC on NFC-capable devices, by QR code or by an optional linked chip and PIN debit card. Money can also be sent to anyone in the world in real time; if the recipient does not already have a Moneybutton account one will be created for them instantly and their balance credited. All functionality is supported by SMS to compensate for markets with lower Smartphone penetration.

Moneybutton can also include country or client-specific content such as mobile top up, bill pay, direct funds into online gaming e.g.  xBox360 or direct transfer to a PayPal account.

Commenting at the launch in Milan, 3V CEO Kieron Guilfoyle called Moneybutton a game-changing innovation in payments. “Moneybutton is the most accessible mobile money application for consumers that offers them product propositions they need. It is also the fastest route to market for mobile operators looking to enter the mobile financial services space. Our clients will now be able to roll out a complete mobile money service, not limited to NFC or any specific handset or SIM requirements, with features that add value to all parts of their business. We operate a rapid deployment methodology that has minimal impact on an operator and can have them in market in a matter of weeks.”

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For further details Contact:
Declan O’Leary
Media Mentor PR
Declan.oleary@mediamentorpr.com
+353(0)1 4370143
+353(0) 87 2909988
www.3vcorporate.com
www.moneybutton.com

Notes for editors:

About 3V:

Established in 2004, 3V are an Irish company headquartered in Dublin. Our shareholders include: Balderton Capital and Atlas Ventures, two of Europe’s largest venture funds, and now also - Atlanta, (GA) US, based, TTV Capital, who specialise in technology-enabled financial services businesses. We currently operate in Ireland, United Kingdom, Netherlands, Spain, Canada and Germany and are extending our footprint throughout Europe and North America.

The multi-disciplinary team has a depth of commercial, operational and technical understanding of global Payments. It has a proven record in delivering innovative solutions to clients worldwide.

The Company has developed solutions using its proprietary technology and back office systems for clients in Europe and North America. Solutions include end to end payment platform delivery for O2 Telefónica enabling them to enter the financial services industry. On top of the core offering of a fully featured debit card we layer innovative mobile and apps functions allowing instant P2P transfers as well as text based fund transfers.

3V also operate a global instant issue virtual debit platform that currently serves over half a million customers allowing them to instantly transact anywhere online without merchant having to adapt shopping carts to facilitate payments. We also provide open and closed loop gift card solutions for online companies such as PayPal and eBay. In 2012 the Company build an online payments system for VISA to facilitate customers in 28 countries to purchase tickets for the London Olympics.

We help our clients define what they are looking for, and customise the solution to their individual needs, as well as, to their customer’s requirements. 3V have created payment solutions that a decade ago were unimaginable, our aim for the next decade is to maintain this innovative disruption to become a leader in global Payments technology.

www.3vcorporate.com
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Source:3V www.3vcorporate.com / Media Mentor PR
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Tags:Mobile Payments, Mobile Commerce, Telecoms, Billing, Mobile Money, Mobile Wallet
Industry:Mobile Payments, Telecoms, Tech Banking
Location:Dublin - Ireland
Subject:Products
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