Orga Systems, a specialist in real-time charging and billing, has launched Mobile Money System (MMS). Orga Systems has designed a secure and scalable solution enabling telecom operators and financial institutions to offer advanced mobile financial and payment services. MMS provides comprehensive functionality for the successful day-to-day management of a large-scaled mobile money distribution network. Mobile phones represent a cost-effective solution and mobile money transfer and payment services will bridge the gap for unbanked users to access financial services. These facts further underline the importance of real-time based mobile money solutions.
As mobile money services offer the most convenient alternative to existing traditional payments systems worldwide, this is a huge revenue stream for Mobile Network Operators. Orga Systems’ MMS ensures simple usage, security and availability, while boosting customer retention and revenue growth. In addition, it creates end-user experiences through attractive services like:
a.. Deposit cash into a mobile account
b.. Cash out from an MMS salesperson
c.. Send mobile money to other mobile money accounts
d.. Pay bills (e.g. health care)
e.. Pay for goods from the MMS account
f.. Recharge prepaid airtime accounts