The majority of mobile phone subscribers in UAE are prepaid, with most accounts representing a large population of the workforce. The mobile market in the UAE has more room to accommodate related services. As a result, consumers who wish to recharge can visit a Network merchant and complete the transaction within seconds for the pre-defined amount they wish to top-up.
Network International will use Cayman Transaction software to enable its network of POS terminals to provide recharge services to all consumers. Network International is working closely with the mobile operators to extend its financial network capabilities and offer solutions to emerging mobile industry needs.
“The present technology allows us to offer many more services than currently available; hence we are working closely with market and innovation leaders to provide these services to our clients. With Telepin’s Cayman Transaction Platform we will introduce additional services that will expand the range of our current products in the telecommunications sector, giving retailers and end-users more flexibility and convenience,” said Mr. Abdulla Qassem, Chairman, Network International.
Telepin’s eVoucher provides an integrated capability to create and manage electronic vouchers to be used against any service. eVoucher is the most flexible mechanism to keep subscribers active on the network; generating revenue for operators and integrating in with several systems, such as Point-Of-Sale, Kiosk, ATM, and IVR platforms. This technology will help the merchants control their inventory and effectively manage their distribution systems.
“We at Network International are committed to providing our customers with innovative, differentiated services to meet their specific needs. Telepin’s Cayman Transaction Platform will help us provide mobile network operators in the UAE with the infrastructure required to maximize the market opportunity. This will in turn allow subscribers to transact faster and go about their business more efficiently, particularly irrespective of location” said Mr. Ram Chari, CEO, Network International.
Retailers are looking for solutions that offer the best experience for their customers at all interaction points. Network International and Telepin are working together to meet these needs with a flexible, modular solution that is built on open systems, fast to implement, scalable, and simple to manage in the long term.
“We are pleased to provide Network International with the capability to transform its business to provide mobile service offerings to the financial industry,” said Vincent Kadar, CEO of Telepin Software. “This is a win-win scenario as Network International merchants are now able to generate additional revenue through the services of Network International, and all mobile subscribers will be serviced by the most expansive POS network in UAE. We look forward to a long-term, strategic partnership with Network International and their affiliate groups, as we support further mobile service offerings for the financial community.”
Sunday, July 11- 2010 @ 15:07 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.