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SYBASE 365 PARTNERS WITH THE QTEL GROUP TO PROVIDE MOBILE WALLET SOLUTION TO MILLIONS ACROSS THE REGION

November 1, 2011 No Comments

Source: Sybase Press Releases

Enabling Qtel Customers to Easily and Safely Transfer Funds and Make Payments via Mobile Devices

DUBAI, UAE — November 1, 2011 — Mobile Money Connected World Forum — Sybase 365, a subsidiary of Sybase, Inc., the global leader in mobile messaging and mobile commerce services today announced its strategic alliance with the Qtel Group, a leading provider of telecommunications services. Sybase 365 will provide its leading mobile wallet (mWallet) software with comprehensive solutions support, delivering one of the most advanced mobile commerce services in the world.

“Today’s global economy is becoming a mobile economy with consumers requiring convenient access to transaction channels anytime, anywhere,” said Matthew Talbot, senior vice president, mCommerce, Sybase 365. “Our partnership with the Qtel Group to provide a leading mWallet solution is pioneering the way customers interact with their financial institutions and communities.”

The newly launched Qtel Mobile Money service, a safe, fast, and easy-to-use mobile wallet offering, will allow Qtel Group customers to use their mobile phone accounts to save and transfer money, top-up their credit and make payments at home and abroad via their mobile devices. The Qtel Group’s operations cover markets with a high number of residents and foreign workers, who regularly transfer a proportion of their salaries overseas to their home countries. A large proportion of these workers do not have access to traditional banking facilities and are “under-banked,” relying on the services of money transfer kiosks to transport money home.

Qtel Mobile Money service enabled by Sybase 365® mobile wallet software will help the Qtel Group support all mobile channels, including SMS, Unstructured Supplementary Service Data (USSD), mobile browser, downloadable client, STK and works on any mobile device, with any currency.

Read Full Press Release at Sybase Press Releases

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