Bharti Airtel partners Infosys for 'airtel money'
Under the agreement Infosys WalletEdge will manage the mobile wallet service of the mobile operator.
Banktech India News Network, 2/29/2012 10:34:14 AM
Bharti Airtel has chosen Infosys as its partner for 'airtel
money', the mobile wallet service by the telecom operator. Under
the partnership, Infosys WalletEdge - the mobile commerce platform
will enable the ubiquitous mobile wallet service to support
cashless payments & settlements needs of diverse customer
segments.
The platform will enable 'airtel money' customers to pay bills,
recharge accounts, shop at over 7000+ merchant outlets, transact
online through multiple channels including mobile phones,
Interactive Voice Response, ATMs and Point of Sale (PoS).
Infosys WalletEdge is said to be a highly scalable platform
capable of supporting millions of transactions annually in a secure
environment. With Finacle Digital Commerce at the core of the
platform, it facilitates the creation of a unique ecosystem of card
issuers, merchants, financial and retail institutions to offer
customers a wide spectrum of payment options for their
transactions.
Delivered through a private Cloud, Infosys WalletEdge creates a
comprehensive shared services framework that allows members of the
ecosystem to process payment instructions seamlessly and cost
efficiently.
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