Telecommunication services company Alcatel-Lucent has launched the Mobile Wallet Service (MWS). The service allows network operators to provide customers with a series of applications such as person-to- person (P2P) payment, remote ticketing, proximity payment and m-commerce.

Alcatel-Lucent’s MWS is the outcome of a previously announced partnership with Clear2Pay for the development of a mobile payment framework. The application features handset applications, a stored value account, gateways to banks and payment networks, links to an operator’s billing system as well as a portfolio of access devices for proximity payment.

MWS can be accessed in Software-as-a-Service (SaaS) format and can be set to deliver money management services via a mobile device. In addition, MWS also allows third parties to develop and integrate new applications through an Application Enablement API.