Microsoft, M-Com Deliver Mobile Payments Solution Globally

Microsoft and M-Com have announced a solution offering that provides banks and payment processors with mobile payments functionality, creating more opportunities for banks to offer mobile payments services to their customers and maximise their revenue opportunities.

Using Microsoft technologies, M-Com BankAnywhere provides an end-to-end mobile payments solution for the banking industry worldwide. The solution provides best-practice security and risk management capabilities, ensuring that banks can effectively manage the exposure of their brands and services in the emerging market for mobile technology. As a fully-integrated solution, it reduces the total cost of ownership (TCO) for the mobile channel for banks.

M-Com supports BankAnywhere across the globe and, in doing so, utilises Microsoft resources and best practices in deploying BankAnywhere. The use of standard Microsoft technology, including Windows and Microsoft SQL Server, as well as Internet Information Services (IIS), allows enterprise users of BankAnywhere to benefit from existing industry-standard technology management tools and practices.

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"It is clear that consumers in Asia and around the world have an insatiable demand for mobile financial services, especially payment transactions," said Adam Clark, CEO of M-Com. "Banks must engage their customers and prospects in the mobile channel in the short term to ensure they profit from sustainable revenues and key customer segments that are adopting these services."