QUICKLY CAPTURE NEW REVENUE STREAMS
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Service providers want a piece of the $670 billion mobile payments market. App stores, app developers and virtual merchants are pursuing direct carrier billing because it increases conversion rates and sales. Consumers prefer operator billing over credit and debit cards where available, as it simplifies the purchase experience and avoid the need to disclose card details to merchants. Carrier billing is also the only available payment option for unbanked consumers and those without a credit or debit card, which account for the majority of the world’s population. At the same time, legacy payment gateways rely on outdated technologies and standards and are not sufficient in order to capture this rapidly-growing market. As a result, many operators digital content businesses are riddled with inefficiencies, such as revenue leakage, high care costs and fraud.
Amdocs Mobile Payments is a SaaS-based gateway service that makes it easy for operators to enable mobile payments for their customers and to monetize their commerce transactions. Amdocs Mobile Payments enables operators to onboard and manage an unlimited number of app stores, merchants and aggregators, process transactions for any type of goods (digital, remote or physical), settle against any payment method – postpaid bill, pre-paid balance or cards, and quickly capture new and emerging revenue streams. Amdocs Mobile Payments is integrated with Google’s Android Market, other app stores, and leading merchant aggregators for digital content and virtual goods.
Benefits:
- Start capturing Android Market and other app store transactions immediately
- On-board more partners and aggregators within days and manage an unlimited number of them
- Go To Market quickly with new Mobile Payments use cases
- Create better efficiencies through automation and self-service tools
- Minimize disputes by accessing transactional information at any time
- Maximize bottom-line profitability through Amdocs’ experience and proprietary technology
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