Payment Solutions for Mobile Operators
One world, one mobile commerce solution.
hyperWALLET’s global-grade mobile financial services platform provides any Mobile Network Operator (MNO) the opportunity to offer a wide range of innovative and exciting new mobile payment service capabilities to their subscriber base. Whether you have an existing mobile payment service in place, or are in the early-stages of launching one, hyperWALLET delivers the necessary technology and operational services infrastructure to allow you to make your product launch a resounding success.
The hyperWALLET platform is a patented, highly configurable payment services solution that delivers MNO-specific, turnkey applications for a variety of mobile payment service and transaction types. All functionality and mobile financial services can be delivered under the MNO's brand and full product positioning control, thanks to hyperWALLET’s flexible and customizable technology -- including support for subscriber transactions being transferred, settled, and reconciled cross-customer, cross-bank, and even cross-carrier.
In addition to the robust payment platform, hyperWALLET’s solutions are integrated with global electronic payment networks in key international jurisdictions, allowing MNOs to take advantage of opportunities by offering subscribers new and convenient, rapid, and low-cost international remittance services that can be used by expatriate communities sending money to loved ones – direct to your subscriber’s pre-paid mobile account!
How It Works
Centralize and consolidate mobile commerce initiatives under a single solution.
hyperWALLET allows you to unify your mobile payments initiatives under a single solution, enabling your organization to leverage the complete financial relationship with your customers and capture the full revenue potential available across the entire mobile commerce ecosystem.
Support the entire mobile commerce ecosystem
- Domestic and Global Deployments
hyperWALLET provides MNOs with a true global-grade solution. The platform’s support for multi-language user interfaces, multiple currencies, and multi-country deployments means that any mobile payment service offering can be efficiently deployed under a single operating infrastructure.
- Flexible Customer Accounts
hyperWALLET supports secure mobile customer accounts which uniquely identify individuals within the system, to enable a variety of mobile financial services. These customer accounts can be linked to a variety of other accounts including cash-based accounts (mobile wallets, mobile banking), debit and credit cards, biller accounts, and other items such as coupons or gaming-related services.
- Localized Interfaces
hyperWALLET’s mobile commerce solution supports a variety of brandable user interfaces, profiles, currencies and languages. Mobile phone users can access the system via SIM cards, WAP, the Mobile Web, SMS, Java and USSD interfaces, as well as online via web browser or by telephone via an IVR (Interactive Voice Response) system.
- Debit/Credit Card Support
With support for debit, credit and prepaid card interfaces and links to common transaction processing networks, customers can access and use their funds via real-world ATMs and POS terminals. These interfaces can be tied to a customer’s mobile wallet account, and support secure PIN and non-PIN transactions alike.
- Notifications and Alerts
A dedicated and customizable messaging engine supports notifications and alerts via SMS, IVR callbacks and email in local languages. Configurable settings enable both the MNO and customer to set their preferences and delivery options.
Enable a variety of partner service models
- Mobile Wallets & Mobile Banking
Registered subscribers on the system can link real-world bank accounts to their mobile wallet account, enabling real-time mobile banking and payments functionality -- including transaction histories, sending and receiving money, airtime top-ups, and bill or merchant payments.
- Agent/Merchant Networks
Agents on the system can provide numerous transaction services - including customer registration, Point-of-Sale (POS) activities and cash-in/cash-out services. For Merchants, the solution provides several interface options to enable quick and efficient merchant transactions via the mobile phone, web, or POS.
- Bill Payments
The hyperWALLET solution provides a highly flexible bill payment engine, supporting a variety of customizable options for MNOs and their subscribers. Billers can be setup based on frequency of payments made and types of billers, and configured for automated or one-time payments.
- Pricing and Accounting
MNOs, Agents and Merchants can easily establish and control pricing models, promotions, revenue sharing, rates and associated fees for all related mobile financial services functionality. Such configurations can be established using a variety of rules and criteria, to support flexible pricing scenarios across multiple international jurisdictions.
- Compliance & KYC
hyperWALLET supports industry-standard compliance and KYC (know-your-customer) services to monitor, block and report suspicious transactions based on established rules, triggers, and anti-money laundering and terrorist financing blacklists.
- Customer Service
hyperWALLET’s solution provides integrated customer service functionality (email, IVR and ticketing system) to support the needs of MNOs and their customers across a wide range of channels - including Subscribers, Agents, Merchants, and Partners.
Flexible mobile financial services deployment
Easily interoperates with your existing systems & services.
hyperWALLET provides a single, unified mobile commerce platform that is available as an externally hosted Software-as-a-Service (SaaS) solution, or on an in-house basis. In the typical MNO deployment shown below, the hyperWALLET platform easily communicates with existing prepaid and postpaid billing systems.
MNOs can also offer additional financial services to subscribers via pre-existing applications resident on the hyperWALLET platform, or by accessing hyperWALLET functionality directly from an Operator’s existing applications.
Find out more
Regardless of whether your vision is to offer mobile financial services through your own agents, or under a joint venture arrangement with other service partners, hyperWALLET is uniquely positioned to support the various service models found in the marketplace.
Contact us to request more information about how hyperWALLET can help monetize your mobile channel and subscriber relationships, today.
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