T-PayTM offers over 200 million mobile subscribers in the Arab region the ability to pay for their purchases through their mobiles
Signs
agreements with 19 operators in 12 countries
T-PayTM
offers over 200 million mobile subscribers in the Arab region the ability to
pay for their purchases through their mobiles
- A unique local ecosystem covering 100 % of mobile
subscribers in Egypt and Saudi Arabia
- Direct Operator Billing expected to triple
globally by 2022, to reach US$12 billion from current US$4 billion
Egypt-26
November, 2014- ArpuPlus, a leading
provider of value added services (VAS) and monetisation solutions across the
Middle East and an OTVentures company, today announced that its payment
platform T-PayTM has partnered with 19 mobile operators from 12
countries around the region to offer over 200 million mobile subscribers, or more
than half of the total population of the Arab region, the ability to charge
their online and digital purchases directly to their phone bills through Direct
Operators Billing (DOB).
T-PayTM’s multiple mobile operators partnerships ensure
that subscribers around the region can order and buy any goods, services and
content online. Digital shopping transactions will become as easy as 1-2-3, as
consumers will only have to enter their mobile phone number in order to
complete their digital purchase through a single, click-to-buy action, without
the need of a credit card or a bank account nor to register their personal
details. Their transaction will then be instantly added to their monthly mobile
telephone bill by their mobile carrier, if they have a post-paid number, or
will be deducted from their existing account for those who have a pre-paid
number. Payment transactions can be made from any desktop or mobile device.
T-PayTM which was designed, built and is powered by LINK
Development, another OTVentures firm and a sister company of ArpuPlus, now has the biggest footprint in the region for direct operators
billing (DOB).
Fadi Antaki, CEO of OTVentures, a pioneering digital and technology
solutions provider for both online and mobile platforms, said: "Mobile
payments and Direct Operator Billing are still in their nascent stage in the
region but are expected to change the way people buy virtual and physical goods
in the same way online connectivity changed our business and social behavior
over the past two decades. It is part of the inevitable transformation to Smart
Cities and Smart Societies. Digital is elevating our lifestyle into an entirely
new level and OTVentures and its operating companies are a key driver of this
paradigm shift in the region and are leading the change."
T-PayTM is today available in the UAE, Saudi Arabia,
Egypt, Bahrain, Kuwait, Algeria, Jordan, Palestine and Qatar in addition to
Lebanon with Sudan and Iraq going live in the next phase. Such wide coverage
network makes T-PayTM the only direct billing platform offering high
reach of subscribers to any online business with streamlined collection and
settlement services for consumer purchases across multiple carriers and
countries in the region. Enjoying 100 percent carrier coverage in Saudi Arabia
and Egypt, all mobile subscribers in these two highly populated countries can
now make use of T-PayTM’s new “charge-to-mobile-bill” service
launched with many online businesses in the region.
Adham El-Gazzar, Managing Director ArpuPlus, said: “In light of the
global and local changes affecting the telecommunications sector, innovation
becomes essential and ArpuPlus is determined to lead with major revamp recently
made in the portfolio of products and services strategically built or acquired
during 2014 . Delivering new services
and products will help our operator partners grow and clients keep up with the
new trends. T-PayTM is one of the main drivers that cater regionally
to these global changes and help to fill clients reach new levels of
efficiency."
T-PayTM is a unique carrier-neutral mobile payment
ecosystem that connects consumers, merchants and mobile carriers for direct
mobile billing. It provides several unique advantages over other alternative
payment solutions for each of the parties involved in the ‘buy-sell-pay’cycle.
Adham El-Gazzar, Managing Director ArpuPlus, added: " T-PayTM
offers to merchants and consumers an expanding network through its
strategic partnerships with operators. Partnering closely with carriers
reinforces T-PayTM commitment to help merchants reach consumers in
new cross-border markets with ease and convenience.”
These agreements with key mobile operators around the region are
expected to boost the digital content market as well as online purchases. Not
only that, but mobile payment through DOB is predicted to move quickly from the
current world of digital content, gaming and online shopping into the physical
world of brick-and-mortar businesses and government fees, such as parking,
fines and tickets.
Sahar
Salama, T-PayTM General Manager, said: “With over 13 offices across the
region, T-PayTM is uniquely positioned as a truly local payment partner to all
regional and international online businesses in different sectors. With optimised
sales conversions from online shopping to realised sales and completion rates
through simple user experience, our partners' customers pay with simplicity. T-PayTM becomes the one-stop-shop
integration for their DOB payments and solves the multi-party challenge for
businesses locally on the ground. We have direct connections with all the
carriers which ensure better economies of scale, service transparency and
reliability for our partners. The platform enables both small and large
businesses including startups which can monetise through multiple models and
tools offered by the T-PayTM platform. It enhances payment
guarantee, reduces customer-care handling costs for businesses, and ensures accurate
reconciliation, payment and settlement. Most importantly, T-PayTM is capable to deliver
advanced solution and platform capabilities which answer to market needs and
fills the gap between operators legacy systems functionality and the dynamics
of online technologies and solutions"
According to Business
Insider, Direct Operator Billing, also known as Direct Carrier Billing (DCB),
is expected to generate four billion dollars in mobile transactions globally
for 2014. That's 13% of the global market for mobile digital content. This is
expected to triple to reach over US$12 billion in global revenue for mobile
operators in 2022.
T-PayTM is a well-established service provider and partner.
Offering a unique solution, the platform understands the nuances and unique
challenges of partners in specific industries in the specific country of
operations. T-PayTM also manages the work processes and offers
partners additional business and technical services that can help further increase
sales including localisation and translation, creativity and design,
consultancy and customer care. With local know-how and relations in the region,
the platform optimises the best performing payment flows for the market and
introduces innovative solutions with the multiple carriers in the T-PayTM
network.
T-PayTM offers over 200 million mobile subscribers in the Arab region the ability to pay for their purchases through their mobiles
Reviewed by Ossama Hashim
on
November 26, 2014
Rating:
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