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Nokia Siemens Networks, MoreMagic Solutions offer Mobile Payment Solution product

Monday 14 February 2011 11:07 CET | News

Global enabler of telecommunications services Nokia Siemens Networks has teamed up with mobile payments platform provider MoreMagic Solutions to roll out the Mobile Payment Solution offering.

The jointly developed service is set to provide consumers with the ability to perform several options, such as money transfers, mobile banking and payments, as well as near field communication (NFC)-enabled payments.

LPTIC (Libya Post, Telecommunications and Information Technology Holding Company) has started a four-month trial program for the Mobile Payment Solution, in collaboration with two Libya-based mobile operators in Libya, namely Al Madar and Libyana.

In addition, LPTIC is planning to extend the mobile payments capabilities to all mobile operators across Libya.

In a recent development , MoreMagic Solutions has been certified to participate in the Mobile Vendor Program powered by global payment services provider Western Union.


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Keywords: Nokia Siemens Networks, MoreMagic Solutions, Mobile Payment Solution
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce






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